Splish Company purchased machinery on January 1,2025, for $99,200. The machinery is estimated to have...

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Accounting

Splish Company purchased machinery on January 1,2025, for $99,200. The machinery is estimated to have a salvage value of $9,920 after a useful life of 8 years.
(a)
Compute 2025 depreciation expense using the sum-of-the-years'-digits method.
Depreciation expense
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