Canliss Mining uses the replacement method to determine depreciation on its office equipment. During 2019, its first year of operations, office equip was purchased at a cost of $26,000. Useful life of the equipment averages four years and no salvage value is anticipated. In 2021, equipment costin $5,600 was sold for $780 and replaced with new equipment costing $6,400. Canliss would record 2021 depreciation of: Multiple Choice, $4,820. $3,600 $5,620. None of these answer choices are correct