On January 1, 2017, Zeta Manufacturing purchased a machine for $790,000. The company expected the machine to remain useful for ten years and to have a residual value of $10,000. Zeta Manufacturing uses the straight-line method to depreciate its machinery. Zeta Manufacturing used the machine for five years and sold it on January 1, 2022, for $375,000. Read the requirements. 1. Compute accumulated depreciation on the machine at January 1, 2022 (same as December 31, 2021). The accumulated depreciation is $ Requirements - X 1. Compute accumulated depreciation on the machine at January 1, 2022 (same as December 31, 2021). 2. Record the sale of the machine on January 1, 2022. Print Done