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Intermediate Accounting Moon Company purchased a laptop for $13,000 on Jan 1, 2015. The company intends to depreciate it over 4 years using the double

Intermediate Accounting

Moon Company purchased a laptop for $13,000 on Jan 1, 2015. The company intends to depreciate it over 4 years using the double declining balance method. Salvage value is $1,000. Depreciation for the 2016 is:

		a. $6500
		b. $3250.
		c. $4875
		d. $3000

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