Rainbow Ice Cream bought a frozen custard maker that cost $9,400. The expected life is 5,000 hours of production with a salvage value of $940. Find the book value at the end of the third year. Use the units-of-production method of depreciation given the following production schedule.

Year 1 1,490 hours Year 2 1,680 hours Year 3 1,100 hours

	$ 2,184
	$ 1,244
	$ 1,372
	$ 7,216