Equipment with a cost of $160,190 has an estimated residual value of $9,950 and an estimated life of 3 years or 14,133 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 3,938 hours? a. $50,080.00 Ob. $41,862.67 c. $53,396.67 Od. $41,900.82