Equipment with a cost of $162,158 has an estimated residual value of $7,979 and an estimated life of 6 years or 15,723 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 3,676 hours? Oa. $41.94 Ob. $6.00 c. $25,696.50 Od. $36,046.68