Question 5 1 pts Oriole Company purchased equipment on January 1, 2016, at a total invoice cost of $1,100,000. The equipment has an estimated salvage value of $20,000 and an estimated useful life of 5 years. What is the amount of accumulated depreciation at December 31, 2017, if the straight-line method of depreciation is used? 0 $440,000. O $216,000. 0 $432,000. O $220,000