Equipment with a cost of $442000 has an estimated salvage value of $22000 and an estimated life of 4 years or 10000 hours. It is to be depreciated by the units-of-activity method. What is the amount of depreciation for the first full year, during which the equipment was used 3100 hours?

Equipment with a cost of $442000 has an estimated salvage value of $22000 and an estimated life of 4 years or 10000 hours. It is to be depreciated by the units-of-activity method. What is the amount of depreciation for the first full year, during which the equipment was used 3100 hours?

$110500.

$130200.

$106750.

$105000

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