Equipment with a cost of $148,823 has an estimated residual value of $9,905 and an estimated life of 7 years or 14,592 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 3,795 hours? Oa. $36,128.96 Ob. $36.61 Oc. $7.00 Od. $19,845.43