Excellent! You guys got me thinking the right way and I found a calculator for it on line, then found an app that does the same thing on my phone. Knowing c and the angle of B tells me I'm 38.8 feet below the rod tip. Subtract the height of the rod tip above the water and I have actual depth.
Right Triangle Calculator
Right triangle calculator to compute side length, angle, height, area, and perimeter of a right triangle given any 2 values. It gives the calculation steps.
www.calculator.net