On January 1, 2020, Waterway Industries purchased a new machine for $4210000. The new machine has an estimated useful life of nine years and the salvage value was estimated to be $151000. Depreciation was computed using the sum-of-the-years'-digits method. What amount should be shown in Waterway's balance sheet at December 31, 2021, net of accumulated depreciation, for this machine? $2676600 $3398200 $4059000 $2586400