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Solar Products purchased a computer for $13,000 on July 1, 2015. The company intends to depreciate it over 4 years using the double-declining balance method.

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Solar Products purchased a computer for $13,000 on July 1, 2015. The company intends to depreciate it over 4 years using the double-declining balance method. Residual value is $1,000. Depreciation for 2016 is Select one: a. $3,000 b. $3,250 $6,500 d. $4,875 Solar Products purchased a computer for $13,000 on July 1, 2015. The company intends to depreciate it over 4 years using the double-declining balance method. Residual value is $1,000. Depreciation for 2015 is Select one: a. $3,000 b. $4,875 C. $6,500 d. $3,250

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