Amarosa Logistics purchased a new pick-up for the office employees to use for $28,000.00. The vehicle is expected to last for 10 years with a residual value of 56,250,00. For tax purposes, it is assumed that the depreciation is linear and the pickup's
value can be determined by the equation
p(t) = -21755 + 28,000,
where x is the number of years since the pick-up was purchased. What is the depreciated value of the pick-up after 3 years?
A $25,825.00
B. $21,475,00
C. $15,225.00
D 519,300.00