urgent

-/1 E Question 8 of 20 View Policies Current Attempt in Progress On January 1, 2019. Crane Co. purchased a machine for $2508000 and depreciated it by the straight-line method using an estimated useful life of 8 years with no salvage value. On January 1, 2022, Crane determined that the machine had a useful life of 6 years from the date of acquisition and will have a salvage value of $177000. An accounting change was made in 2022 to reflect these additional data. The accumulated depreciation for this machine should have a balance at December 31, 2022 of $1672000 $1404000 O $1554000. $1463000 Assistance Used e Textbook and Media