Question 47 On January 1, 2020, Waterway Industries purchased a new machine for $4340000. The new machine has an estimated useful life of nine years and the salvage value was estimated to be $146000. Depreciation was computed using the sum-ofthe-years-digits method. What amount should be shown in Waterway's balance sheet at December 31, 2021, net of accumulated depreciation, for this machine? $3501200 $4194000 $2662400 $2755600 Question Attemptsi 0 of 1 used SUBMIT