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, 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

Please explain.

1. Dorian, a calendar year corporation, purchased $1,568,000 of equipment on May 3. I his was Dorian's only purchase of depreciable property for the year. If the equipment has a 10 -year recovery period, compute Dorian's first and second-year MACRS depreciation. (Disregard the Section 179 deduction and bonus depreciation in making your calculation.) B. First year $78,400; second year $282,240 C. First year $156,800; second year $245,016 D. None of the above