On January 2, 2016, Karen's Culinary Delights purchased a piece of equipment for $42,000 with a useful life of seven years and a residual value of $6,000. If Karen's used the sum-of-the-years'-digits method with the half-year convention, depreciation expense for 2016 was
A. $9,000.00
B. $10,500.00
C. $5,250.00
D. $4,500.00
Answer: D
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