Question: Using this information and from part a, solve for part b. Coronado Company purchased machinery on January 1, 2025, for $89,600. The machinery is estimated

Using this information and from part a, solve for part b.

Coronado Company purchased machinery on January 1, 2025, for $89,600. The machinery is estimated to have a salvage value of $8.960 after a useful life of 8 years. (a) Your answer is correct. 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 ploces, e.s. 5.125.) Depreciation expense $

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