Question: Current Attempt in Progress On January 1, 2020, Marigold Corp. purchased a new machine for $4120000. The new machine has an estimated useful life of

 Current Attempt in Progress On January 1, 2020, Marigold Corp. purchased

Current Attempt in Progress On January 1, 2020, Marigold Corp. purchased a new machine for $4120000. The new machine has an estimated useful life of nine years and the salvage value was estimated to be $142000. Depreciation was computed using the sum-of-the-years'-digits method. What amount should be shown in Marigold's balance sheet at December 31, 2021, net of accumulated depreciation, for this machine? $3324400 $2528800 $2617200 $3978000

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