W IND OF 10 >>> Question 9 0.6 points Save Answer Equipment with a cost of $300,000 has an estimated salvage value of $20,000 and an estimated life of 4 years or 10,000 hours. It is to be depreciated by the units of production activities method. What is the amount of depreciation for the first year during which the equipment was used 2,700 hours? $75,000 $70,000 $75,600 $72,500