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Multiple Choice Question 120 Wildhorse Co. purchased equipment on January 1, 2016, at a total invoice cost of $1300000. The equipment has an estimated salvage

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Multiple Choice Question 120 Wildhorse Co. purchased equipment on January 1, 2016, at a total invoice cost of $1300000. The equipment has an estimated salvage value of $20000 and an estimated useful life of 5 years. What is the amount of accumulated depreciation at December 1, 2017, if the straight-line method of depreciation is used? ret iepreciation sat Decamber O $256000. O $512000. O $260000. O $520000

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