Equipment with a cost of $152,685 has an estimated residual value of $9,301 and an estimated life of 3 years or 15,779 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 3,185 hours? Oa. $47,794.67 Ob. $28,942.14 c. $50,895.00 Od. $38.987.16