On January 1,2022, Sheridan Corporation acquired equipment at a cost of $885000. Sheridan adopted the sum-of-the-years-digits method of depreciation for this equipment and had been recording depreciation over an estimated life of 8 years, with no residual value. At the beginning of 2025, a decision was made to change to the straight-line method of depreciation for this equipment. Depreciation expense for 2025 would be $73750. $177000. $46094. $110625