An oil refinery has decided to purchase some new drilling equipment for $440,000. The equipment will be kept for 9 years before being sold. The estimated SV for depreciation purposes is to be $18,000. If MACRS depreciation is used, what is the recovery period of the equipment using the GDS guidelines? Click the icon to view the partial listing of depreciable assets used in business. Choose the correct answer below. O A. The recovery period of the equipment using the GDS guidelines is 13 years. O B. The recovery period of the equipment using the GDS guidelines is 6 years. O C. The recovery period of the equipment using the GDS guidelines is 10 years. OD. The recovery period of the equipment using the GDS guidelines is 12 years