Concord Company purchased machinery on January $1,2025,$ for $$84,000.$ The machinery is estimated to have a salvage value of

$$8,400$ 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 $

eTextbook and Media

Attempts: $1$ of $5$ used

$($b$)$

Your answer is incorrect.

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 $0$ decimal places, e$.$g$.5,125.)$

Depreciation expense $

eTextbook and Media