Central supply purchased a new printer for $67,500. the printer is expected to operate for nine (9) years, after which it will be sold for salvage value (estimated to be $6,750). how much is the first year’s depreciation expense if the company uses the double-declining-balance method? $15,000 $ 7,500 $18,000 $13,500 none of the above

Gamegirl inc., has the following transactions during august. august 6 sold 76 handheld game devices for $230 each to ds unlimited on account, terms 2/10, net 60. the cost of the 76 game devices sold, was $210 each. august 10 ds unlimited returned six game devices purchased on 6th august since they were defective. august 14 received full amount due from ds unlimited. required: prepare the transactions for gamegirl, inc., assuming the company uses a perpetual inventory syste