Equipment with a cost of $162,382 has an estimated residual value of $8,217 and an estimated life of 7 years or 14,667 hours. 1t 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 3,666 hours? a. $3953337 b. 54205 c. 12202357 d. 57.00