Equipment with a cost of $147,501 has an estimated residual value of $7,558 and an estimated life of 4 years or 15,022 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 3.838 hours? Oa. $34,985.75 Ob. $35,754.31 Oc. $36,875.25 Od. $35,790.77