On May 15,2015,Brent Purchased New Farm Equipment for $200,000

Multiple Choice

On May 15,2015,Brent purchased new farm equipment for $200,000.Brent used the equipment in connection with his farming business.Brent does not elect to expense assets under § 179.Brent does not take additional first-year depreciation (if available) .Determine the cost recovery deduction for 2015.

A) $12,852
B) $21,420
C) $30,000
D) $36,000
E) None of the above