An X-ray machine at a dental office is MACRS 5-year property. It costs \(\$ 6,000\) and has an expected useful life of 8 years. The salvage value at the end of 8 years is expected to be \(\$ 500\). Assuming MACRS depreciation, what is the book value at the end of the third year?

a. \(\$ 1,584\)

b. \(\$ 1,728\)

c. \(\$ 3,916\)

d. \(\$ 4,272\)