Equipment with a cost of $390,000 has an estimated salvage value of $15,000 and an...

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Accounting

Equipment with a cost of $390,000 has an estimated salvage value of $15,000 and an estimated life of 4 years or 15,000 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?
$67,250
$81,000
$78,000
$75,000
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