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On July 1 , 2 0 1 9 , Bronson Co . purchased some equipment that initially cost $ 5 2 , 8 0 0

On July 1,2019, Bronson Co. purchased some equipment that initially cost $52,800. Additional costs included freight costs $300, nonrefundable taxes $6,400, and installation $500. Estimated residual value is $2,000. The company uses a straight-line rate of 10%. Bronson's fiscal year end is June 30. Accumulated depreciation at the fiscal year end of 2022 is
$17,400.
$17,700.
$17,790.
$18,390.
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