ipod water damage, help please?

I dropped my ipod in the sink (yes, i’m a moron) and got it out, dried it. It was on and work fine for a bit and then it stopped playing songs and now when i turned it on, it just goes to the red cross screen. I’ve put it in a hot room, hoping for the best. I was wondering what i can do. Will i have to buy a new one? can i send it off the apple for repairs, even though it’s water damaged if I’m willing to pay for it??

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