Equipment with a cost of $650600 has an estimated salvage value of $61000 and an estimated life of 4 years or 12200 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 3050 hours? O $162650. O $167700. O $177900. O $147400.

Equipment with a cost of $650600 has an estimated salvage value of $61000 and an estimated life of 4 years or 12200 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 3050 hours? $162650$167700$177900$147400