On January 1, 2019, Ivanhoe Co. purchased a machine for $1548000 and depreciated it by the straight-line method using an estimated useful life of 8 years with no salvage value. On January 1, 2022, Ivanhoe determined that the machine had a useful life of 6 years from the date of acquisition and will have a salvage value of $159000. An accounting change was made in 2022 to reflect these additional data. The accumulated depreciation for this machine should have a balance at December 31, 2022 of $903000. $1032000. $926000. $850000.