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 $8350 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. $3078
B. $5344
C. $3420
D. $835
Answer: C
Mathematics
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