Question 8 (2 points) Equipment with a cost of $839600 has an estimated salvage value of $50000 and an estimated life of 4 years or 16800 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 4200 hours? a) $209900 b) $222400 0 c) $214900 d) $197400