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26 2.5 pts On January 1, 2018, Sanderson Company acquired a machine for $1,070,000. The estimated useful life of the asset is five years. Residual

26 2.5 pts On January 1, 2018, Sanderson Company acquired a machine for $1,070,000. The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $87,000. What is the book value of the machine at the end of 2019 if the company uses the straight-line method of depreciation O $589,000 5641.996 5676.800 O 5642.000

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