Jim acquires a new seven year class asset on september 20, 2009 for $60,000. he placed the asset in service on October 5, 2009. He does not elect to expense any of the asset under S 179 or elect straight line cost recovery. He elects not to take additional first year depreciation. he sells the asset on August 25, 2010. This is the only asset he acquires in 2009. determine jim's cost recovery in 2009 and 2010.