Use the sum-of-the-years'-digits method of depreciation. Round to the nearest dollar.Scot Cleaners bought a new trouser press for $7000 and estimates its life at 4 years at which time the salvage value is expected to be $700. Find the amount of depreciation each year.
A. $2520, $1890, $1260, $630
B. $3500, $1750, $875, $175
C. $1575, $1575, $1575, $1575
D. $2800, $2100, $1400, $700
Answer: A
Mathematics
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