What Would Be the Accumulated Depreciation Balance at the End

Multiple Choice

What would be the accumulated depreciation balance at the end of year 5 for a piece of equipment using the straight-line method when the cost is $12,000, residual value is $1,300, and the expected life is 11 years? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

A) $5,455
B) $4,864
C) $973
D) $5,836