Question: Central Supply purchased a new printer for $64,125 . The printer is expected to operate for nine (9) years, after which it will be sold

Central Supply purchased a new printer for $64,125 . The printer is expected to operate for nine (9) years, after which it will be sold for salvage value (estimated to be $6,413 ). How much is the first years depreciation expense if the company uses the double-declining-balance method?

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