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What is the amount of depreciation, using the double declining balance method for the first year of use for furniture purchased for $7,500, with an

What is the amount of depreciation, using the double declining balance method for the first year of use for furniture purchased for $7,500, with an estimated residual value of $350 and an estimated useful life of four years?

a. $3,750

b. $1,875

c. $4,000

d. $6,500

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