Question 5 of 20 < > 2.88/5.75 EI Tamarisk Company purchased machinery on January 1, 2025, for $92.800. The machinery is estimated to have a salvage value of $9,280 after a useful life of 8 years. (a) (b) Your answer is correct. Compute 2025 depreciation expense using the double-declining-balance method. Depreciation expense $ 23,200 Attempts: 1 of 3 used 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 O decimal places, e.g. 5,125.) Depreciation expense