A taxpayer places a $50,000 5-year recovery period asset in service in 2015. This is the only asset placed in service in 2015. Assuming half-year convention, no immediate expensing and no income limitation, what is the amount of total cost recovery deduction ?if bonus depreciation is extended into 2015??
a. ?$0 b. ?$50,000 c. ?$25,000 d. ?$5,000 e. ?$30,000