On January 1,Poe Corp.sold a machine for $5,768,000to Saxe Corp., its wholly-owned subsidiary.Poe paid $1.1 million for this machine, which had accumulated depreciation of $250,000 on the sale date.Poe estimated a $100,000 salvage valueand depreciated the machine on the straight-line basis over 20 years, a policy that Saxe continued.In Poe's December 31 consolidated balance sheet, the accumulated depreciation of this machine should be shown on the consolidated balance sheet as: