Joey Bought a New Tractor for Use in His Landscaping

Multiple Choice

Joey bought a new tractor for use in his landscaping business. He expects that the use of the tractor will generate $ 3500 of revenue in the first year with an increase in revenue of $ 500 per year for subsequent years. If the tractor's useful lifetime is 8 years, how much revenue will Joey receive from the use of the tractor?

A) $ 7500
B) $ 46,000
C) $ 171,000
D) $ 35,000
E) $ 42,000