Find the Book Value to the Nearest Dollar

question 19

Multiple Choice

Find the book value to the nearest dollar.
-Cost $2,890, life 7 years, scrap value $231 at the end of 1 year, sum-of-the-years'-digits method

• A)$2,225
• B)$2,510
• C)$2,477
• D)$2,064

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Definitions:

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