Equipment with a cost of $141,926 has an estimated residual value of $8,702 and an estimated life of 7 years or 13,174 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used for 3,569 hours?

a. $19,032.00

b. $36,092.03

c. $20,275.14

d. $36,129.36