A Taxpayer Places a $50,000 5-Year Recovery Period Asset in Service

Multiple Choice

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 bonus depreciation (assuming extended into 2015) ?​

A) ​$0
B) ​$15,000
C) ​$25,000
D) ​$50,000
E) ​None of the above