Time Left:15200 Chisom Aniche Attempt 41 $999.000 Question 72 12 points) A machine was purchased for $8 million on Jan 1. 2017. It has an estimated useful life of eight years and a residual value of $800,000. Depreciation is being calculated using the double-declinin-balance method. What is the carrying value for netbook values of this machine in the company's Dec 31, 2018. balance sheet? 13 1) $6,125.000 2) $4,000,000 3) $6.000.000 4) $4,500,000 SO