Multiple Choice Question 125 Vaughn Company purchased equipment on January 1, 2016 at a total invoice cost of $334000; additional costs of $7000 for freight and $31000 for installation were incurred. The equipment has an estimated salvage value of $11000 and an estimated useful life of five years. The amount of accumulated depreciation at December 31, 2017 if the straight-line method of depreciation is used is: O $129200 O $132000. O $14440o O $148800