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Equipment with a cost of $$160,701$ has an estimated residual value of $$8,658$ and an estimated life of $5$ years or $13,783$ 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 $3,037$ hours?

a$.$ $$5\mathrm{.}00$

b$.$ $$33,501\mathrm{.}75$

c$.$ $$50\mathrm{.}06$

d$.$ $$30,408\mathrm{.}60$