QUESTION 6 4 points Equipment with a cost of $640,000 has an estimated salvage value of $60,000 and an estimated life of 5 years or 12,000 hours. It is to be depreciated using the units of activity method. What is the amount of depreciation for the first full year, during which the equipment was used 3,000 hours? A. $116,000. B.$160,000. C.$128,000. D. $145,000 QUESTION 7 4 points Equipment was purchased for $177,000. It is estimated that the equipment will have a $30,000 salvage value at the end of its 5- year useful life. Depreciation expense each year using the straight-line method will be A. $24,600. B. $24,000. C.$29,400. D. $35,400