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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.

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. 6,500
b. 3,250
c. 4,875
d. 3,000

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