Solve the problem.Tech Support Associates purchased a new computer network server and replaced all its terminals for $29,600. Its estimated life is 4 years, at which time it will have a scrap value of $2,100. Use the straight-line method of depreciation to find the annual amount of depreciation. Find the book value at the end of 3 years.
A. $7,400, $22,200
B. $6,875, $8,975
C. $6,875, $20,625
D. $7,400, $7,400
Answer: B
Mathematics
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A. 
B. 
C. 
D. 
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