Equipment was purchased for $97000 on January 1 2021. Freight charges amounted to $3200 and there was a cost of $800 for building a foundation and installing the equipment. It is estimated that the equipment will have a 523000 salvage value at the end of its 5-year useful life What is the amount of accumulated depreciation at December 31, 2022 if the straight-line method of depreciation is used? O $34080 O $17040 517160 O $29400