Question 8 0.5 pts Equipment was purchased for $46,000 on January 1. Freight charges paid to acquire the equipment amounted to $1,000. There was also a cost of $4,000 for building a foundation for the equipment and installing the equipment. It is estimated that the equipment will have a $7,000 salvage value at the end of its 6-year useful life. The straight-line method of depreciation is used. What is the amount of accumulated depreciation at the end of the second year of using the asset and after adjusting entries have been recorded? $13,000. $17,000. $16,520 $16,200. $14,667. MacBOOK AIR