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Metlock Company purchased machinery on January 1, 2020, for $88,000. The machinery is estimated to have a salvage value of $8,800 after a useful life

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Metlock Company purchased machinery on January 1, 2020, for $88,000. The machinery is estimated to have a salvage value of $8,800 after a useful life of 8 years. Compute 2020 depreciation expense using the sum-of-the-years' digits method. Depreciation expense $ e Textbook and Media Compute 2020 depreciation expense using the sum-of-the-years digits method, assuming the machinery was purchased on April 1.2020. (Round answer to O decimal places, e.g. 5,125.) Depreciation expense $

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