Use the sum-of-the-years'-digits method of depreciation. Round to the nearest dollar.Find the book value at the end of the third year for a service van which cost $16,000, has a life of 8 years, and an estimated scrap value of $1,600.

A. $8,400
B. $6,000
C. $10,000
D. $7,600


Answer: D

Mathematics

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