Delta Freight Company Purchases 10 Delivery Vans on April 4,2016,at

Multiple Choice

Delta Freight Company purchases 10 delivery vans on April 4,2016,at a total cost of $366,000.Delta uses the regular MACRS system on all of its delivery vans (the delivery vans are 5-year MACRS property and are not limited by listed property rules) .Delta's annual income is $15,000 before the depreciation deduction.What is Delta's maximum cost recovery deduction on the vans in 2016?

A) $15,000
B) $69,200
C) $73,200
D) $85,200
E) $91,200