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Equipment with a cost of $169,249.00 has an estimated residual value of $9,793.00 and an estimated life of 4 years or 13,527 hours. It is

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Equipment with a cost of $169,249.00 has an estimated residual value of $9,793.00 and an estimated life of 4 years or 13,527 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 3,682 hours? Select the correct answer. $43.31 $4.00 $39,864.00 $43,403.34

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