Central Supply purchased a new printer for $67,500. The printer is expected to operate for nine (9) years, after which it will be sold for salvage value (estimated to be $6,750). How much is the first year's depreciation expense if the company uses the double-declining-balance method? A. $15,000 B. $ 7,500 C. $18,000 D. $13,500 E. None of the above
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