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Question 5 (2 points) On January 1. 2020, Pink Corp. 'eold' a machine tor $4000 to Slink Com. its wholly-owned subsidiary. Pink paid $12000 tor this machine. At January 1. 2020. accumulated depreciation was $3000. The remaining useful lite is assumed to be 5 years. Straight line depreciation is used by both companies. In Pink's December 31. 2020 Wham sheet. at what amount should the MACHINE be reported? BE SURE TO TYPEA SIMPLE NUMBER WITH NO COMMS OR DOLLAR SIGNS. FOR MIKE, TYPE 1000 \"(87!\" OF 31.900. Your