Question: please explain step to step how to solve this question. what does it mean by net of accumulated depreciation? i tried to solve it by

 please explain step to step how to solve this question. what
please explain step to step how to solve this question. what does it mean by net of accumulated depreciation? i tried to solve it by calculating the depreciation expense of 2020 and 2021. then added them up together but still wrong. i cant understand the solution provided. please help! thank you

X Your answer is incorrect. On January 1, 2020, Bonita Industries purchased a new machine for $4280000. The new machine has an estimated useful life of nine years and the salvage value was estimated to be $149000. Depreciation was computed using the sum-of-the-years' digits method. What amount e shown in Bonita's balance sheet at December 31, 2021, net of accumulated depreciation, for this machine? $3453800 $2627600 $4131000 $2719400 e Textbook and Media Solution Assistance Used $4280000 - [($4280000 - $149000) 19/45+ 8/45)] - $2719400. Attempts: 1 of 1 used

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