Brief Exercise 11-2 Novak Company purchased machinery on January 1, 2017, for $96,000. The machinery is estimated to have a salvage value of $9,600 after a useful life of 8 years. Compute 2017 depreciation expense using the straight-line method Depreciation expense s LINK TO TEXT Compute 2017 depreciation expense using the straight-line method assuming the machinery was purchased on September 1, 2017 Depreciation expense Click if you would like to Show Work for this question: Open Show Work