Calculating depreciation amount

Reference no: EM1368503

A machine with a ten year life is to be depreciated by the MACRS method. The machine has a 1st cost of $30,000 with a $5,000 salvage value. It's yearly operating cost is $7,000 per year. The depreciation charge in year 3 is nearest to?

A. $3600
B. $4320
C. $5860
D. $7,120

Reference no: EM1368503

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