I 71% DE Wed 2:28 AM OF +8 CALCULATOR PRINTER VERSION BACK NEXT > Multiple Choice Question 94 Your answer is incorrect. Try again. Equipment with a cost of $300000 has an estimated salvage value of $20000 and an estimated life of 4 years or 10000 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 2700 hours? TO $75000. O $70000. O $72500. O $75600. LINK TO TEXT Question Attempts: 2 of 3 used