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 year's depreciation expense if the company uses the double-declining-balance method?

Select one:

a.None of these are correct.

b.$7,125

c.$12,825

d.$17,100

e.$14,250