3. Tom purchased a condo in Mississippi for rental property at a cost of $106,600. Using the class recovery period for assets, how many years will he be able to depreciate the property, and what's the amount each year?
O A. 25 years, $4,776.36
B. 20 years, $3,936.36
C. 27.5 years; $3,876.36
O D. 23.5 years, $6,856.36