QUESTION 23 Not yet answered Marked out of 1.00 P Flag question Equipment with a cost of R0.320,000 has an estimated residual value of R.O.20,000 and an estimated life of 4 years or 15,000 hours. It is to be depreciated using the units- of-activity method. During the first year the equipment was used 3.300 hours, what is the equipment book value at the end of the first year? Select one O a R.O.249,600 b.R.O.300,000 C.R.O.320,000 O d.R.O.254.000