Current Attempt in Progress On January 1, 2020, Marigold Corp. purchased a new machine for...
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Accounting
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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