D Question 8 5 pts Sugar Mountain Co. purchased a machine on July 1, 2020, for $2,000,000. The machine has an estimated useful life of five years and a salvage value of $500,000. The machine is being depreciated, starting from the date of its acquisition, by the sum-of the years-digits method. Required: Sugar Company will report a depreciation expense of $ and an accumulated depreciation of $ on its 2021 financial statements