Hazel Purchased a New Business Asset (Five-Year Asset)on September 30,2014,at

Multiple Choice

Hazel purchased a new business asset (five-year asset) on September 30,2014,at a cost of $100,000.On October 4,2014,Hazel placed the asset in service.This was the only asset Hazel placed in service in 2014.Hazel did not elect § 179 or additional first­year depreciation if available.On August 20,2015,Hazel sold the asset.Determine the cost recovery for 2015 for the asset.

A) $14,250
B) $19,000
C) $23,750
D) $38,000
E) None of these