Equipment with a cost of $168,477 has an estimated residual value of $7.435 and an estimated life of years of 14,664 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 3.279 hours? Oa. 549.11 Ob. $3.00 Oc. $53,680.67 Od $36,010.41