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Blossom Company purchased machinery on January 1,2025 , for $98,400. The machinery is estimated to have a salvage value of $9,840 after a useful life

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Blossom Company purchased machinery on January 1,2025 , for $98,400. The machinery is estimated to have a salvage value of $9,840 after a useful life of 8 years. (a) Your answer is correct. Compute 2025 depreciation expense using the sum-of-the-years'-digits method. Depreciation expense $ Compute 2025 depreciation expense using the sum-of-the-years'-digits method, assuming the machinery was purchased on April 1, 2025. (Do not round intermediate calculations. Round final answer to O decimal ploces, eg. 5, 125.) Depreciation expense $

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