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. (a) Your answer is correct. Compute 2025 depreciation expense using the straight-line method. Depreciation expense eTextbook and Media Solution Attempts: 3 of 3 used (b) 6. Your answer is incorrect: Compute 2025 depreciation expense using the straight-line method assuming the machinery was purchased on September 1. 2025 Depreciation expense