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?

A) $14,250

B) $ 7,125

C) $17,100

D) $12,825

E) None of these are correct.