Answer:
$275,400
Step-by-step explanation:
Accumulated depreciation is the amount of depreciation which is accumulated against each years depreciation and carried until the disposal of the asset. This account will be closed on the disposal of the asset with cost of the asset.
Cost of Machinery = $459,000
Useful life = 5 years
In sum of the year method we add all the years and calculate the respective depreciation based on the year of depreciation as follow
Sum of Years = 5 + 4 + 3 + 2 + 1 = 15
As only only 2 years depreciation is accrued and accumulated from April 1, 2019 to March 31, 2021.
Accumulate depreciation = $459,000 x (5+4) / 15 = $275,400