All tax calculations should be based on the 2020 Tax Rate Schedules. Figures should be rounded to the nearest dollar. Percentages should be rounded to the nearest whole percentage (e.g., 32% instead of 32.2%) In all cases, MACRS depreciation (double-declining balance) is taken rather than an expensing option (section 179 expensing or bonus depreciation)

Depreciation. For his machine shop business, Ezekiel made two asset purchases in the current year. He paid $2,000 for a computer that he placed in service on January 30 and $10,000 for a lathe (a type of equipment) that he placed in service on December 15. How much depreciation (as a percentage of the purchase price) should he claim for each asset this year?

A)Computer: 35.00%; Lathe: 3.57%

B)Computer: 5.00%; Lathe: 3.57%

C) Computer: 35.00%; Lathe: 25.00%

D)Computer: 20.00%; Lathe: 14.29%