rime Remaining: 01:0 his Question: 1 pt 18 of 41 (16 complete) This Te A company purchased furniture on January 1. Its cost was $18,000, and it had a residual value of $3,000. ts useful life is determined to be 4 years Using double-declining balance depreciation, the depreciation for year 1 to the nearest dollar will be O A. $7.500 O B. $9.000 cc, $3.750 $4,500 Click to select vour answer ype here to search