The data below refer to non-current assets. net book value at 1 January 2016: $\$20000$ net book value at 31 December 2016: $\$18000$ receipts from disposals: $\$3500$ assets bought: $\$9700$ loss on disposal: $\$650$ Calculate the depreciation charge for the year.
- A$\$3550$
- B$\$4200$
- C$\$7550$
- D$\$8200$