Coronado Company purchased machinery on January 1,2025 , for $89,600. The machinery is estimated to have a salvage value of $8,960 after a useful life of 8 years. Compute 2025 depreciation expense using the double-declining-balance method, assuming the machinery was purchased on October 1, 2025. (Do not round intermediate calculations. Round final answer to 0 decimal places, e.g. 5,125.) Depreciation expense $