Question

A car was purchased for $15,000 with a salvage value of $3000. It is

expected to have a useful life of 5 years. Using the sum-of-years method, find
the car's value in the first year after the purchase.
O A. $4000
O B. $11,000
O C. $9000
O D. $12,000
SUBMIT

Answer 1

I answered it it was 11,000 which is answer b