On January 1, 2020 , Global Manufacturing purchased a mochine for $870,000. The company expected the machine to remain useful for ten years and to have a residual value of $100,000. Global Manufacturing uses the straigh-line mothod to depeciale its machinery. Glokal Manufacturing used the machine for six years and sold in on tanuary 1,2026, for $250,000 Read the requirements. 1. Compute accurnutated depreciation on the machine at January 1, 2026 (same as December 31, 2025) The accuinutated depreciation is Requirements 1. Compute accumulated deprociation on the machine at January 1.2026 (sarne as December 31,2025 ) 2. Pecord the sale of the mactine on January 1,2026