Choice A is the correct answer. Apply depreciation formula.

1. Retention: Loses 22%, keeps 78% = 0.78 each year.
2. Formula: $V(t) = 35000(0.78)^t$ where $t = 5$.
3. Calculate: $V(5) = 35000(0.78)^5 = 35000(0.2973) \approx 10,405$.

💡 Strategic Tip: High depreciation rates lead to rapid value loss.

Choice B is incorrect because this underestimates the depreciation. Choice C is incorrect because this assumes much slower depreciation. Choice D is incorrect because the calculation is wrong.