Use the double-declining-balance method of depreciation. Round to the nearest dollar.Beta Graphics buys some CAD-CAM computer equipment at a cost of $8,350 and estimates the life at 10 years with a scrap value of $835. What is its book value at the end of the fourth year?

A. $3,078
B. $835
C. $3,420
D. $5,344


Answer: C

Mathematics

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