Petya owns a condominium in the Hilton Head Island, South Carolina. During the year, Petya uses the condo a total of 25 days. The condo is also rented to vacationers for a total of 75 days and generates gross rental revenues of $35,000. Petya incurs the following expenses:

Expense	Amount
Mortgage interest	$ 10,000
Property taxes	12,000
Utilities	6,000
Insurance	2,500
Depreciation (Annual)	20,000

Using the IRS method of allocating expenses, the amount of depreciation that Petya may take with respect to the rental property will be (LABEL AND SHOW ALL WORK WITH CALCULATIONS)

A) $ 12,125.

B) $ 12,720

C) $15,000.

D) $20,000.