Solve the problem.The Windmill Harbour Marina purchased a boat hauling rig for $235,000. Its estimated life is 16 years, at which time it will have a scrap value of $6200. Use the straight-line method of depreciation to find the annual amount of depreciation. Find the book value at the end of 9 years.

A. $14,688, $363,700
B. $14,300, $106,300
C. $14,300, $128,700
D. $14,688, $132,192


Answer: B

Mathematics

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