What is the total cost (the "capitalized" cost) of machinery recently purchased and hoced an the followinn information: 3) Cool Cats Co. purchased equipment on July 1,2023 for $45,000. The equipment is estimated to have a $2,500 salvage value at the end of its 5-year life. The company uses straight-line method of depreciation. What is the balance in accumulated depreciation at 12/31/26