Wildhorse Company purchased machinery on January 1, 2025, for $94,400. The machinery is estimated to have a salvage value of $9,440 after a useful life of 8 years. (a) Compute 2025 depreciation expense using the double-declining-balance method. 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, eg. 5, 125.) Depreciation expense $