Equipment with a cost of $1358000 has an estimated salvage value of $32000 and an estimated life of 4 years or 51000 hours. It is to be depreciated using the units-of-activity method. What is the amount of depreciation for the first full year, during which the equipment was used for 10500 hours? O $311588. O $331500. O $339500. $273000.

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Equipment with a cost of $1358000 has an estimated salvage value of $32000 and an estimated life of 4 years or 51000 hours. It is to be depreciated using the units-of-activity method. What is the amount of depreciation for the first full year, during which the equipment was used for 10500 hours? $311588 $331500. $339500 $273000