A Business Purchases a Van For $\$ 27,600$ After 5 Years, Its Depreciated Value Will Be

Multiple Choice

A business purchases a van for $\$ 27,600$ . After 5 years, its depreciated value will be $\$ 12,400$ . Assuming straight line depreciation, what will be the value of the van in $4$ years?

A) $ $5,520$
B) $ $24,560$
C) $ $12,160$
D) $ $23,800$
E) $ $15,440$