B is incorrect

A lumber company purchases and installs a wood chipper for $ 202,000. The chipper is classified as MACRS 7-year property. Its useful life is 10 years. The estimated salvage value at the end of 10 years is $ 25,000. Using MACRS depreciation, compute the first-year depreciation. O $ 28,865.80 $ 17,700.00 O $25,007.50 O $ 20,200.00