Solve the problem. Round to the nearest dollar.SLM Instruments bought a metal punch machine at a cost of $8,700. The expected life is 5,000 hours of production with a salvage value of $870. Find the book value at the end of the third year. Use the units-of-production method of depreciation given the following production schedule.Year 11,150 hoursYear 21,580 hoursYear 31,280 hours
A. $1,534
B. $1,723
C. $2,404
D. $6,296
Answer: C
Mathematics
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?
?
A. 
B. ?
C. ?
D. ?
E. ?
Mathematics