SNZ Inc Purchased Machinery and Equipment in the Amount of $30,000

SNZ Inc. purchased machinery and equipment in the amount of $30,000 on January 1, 2013. SNZ plans to depreciate the asset straight-line over 20 years with no salvage value. For tax purposes these assets are to be depreciated using a capital cost allowance rate of 20%. The half-year rule applies. SNZ pays tax at a rate of 25%. What is the tax basis of these assets on January 1, 2013?

A) $24,000
B) $25,200
C) $22,800
D) $30,000