Dorian,a Calendar Year Corporation,purchased $1,568,000 of Equipment on May 3

Multiple Choice

Dorian,a calendar year corporation,purchased $1,568,000 of equipment on May 3.This was Dorian's only purchase of depreciable property for the year.If the equipment has a 10-year recovery period,refer to Table 7.2 and compute Dorian's first and second-year MACRS depreciation.(Disregard the Section 179 deduction and bonus depreciation in making your calculation.)

A) First year $156,800; second year $282,240
B) First year $78,400; second year $282,240
C) First year $156,800; second year $245,016
D) None of the above