Waterway Company purchased machinery on January 1, 2025, for $95,200. The machinery is estimated to have a salvage value of $9.520 after a useful life of 8 years. (a) Your answer is correct. Compute 2025 depreciation expense using the sum-of-the-years'digits method. Compute 2025 depreciation expense using the sum-of-the-years'-digits method, assuming the machinery was purchased on April 1, 2025. (Do not round intermediate calculations. Round final answer to O decimal places, eg. 5, 125.) Depreciation expense 5 Attempts: 0 of 3 used