Ernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $90,000. What will the accumulated depreciation be at the end of year 3?

MACRS 5-Year property

Year Rate

1 20%

2 32%

3 19.20%

4 11.52%

5 11.52%

6 5.76%

Group of answer choices

A) $38,241

B) $25,056

C) $13,520

D) $64,080

$66,928