22. Hazel purchased a new business asset (five-year asset) on September 30, 2021, at a cost of $100,000. On October 4, 2021, Hazel placed the asset in service. This was the only asset Hazel placed in service in 2021. Hazel did not elect $179 or additional first-year depreciation. On August 20, 2022, Hazel sold the asset. Determine the cost recovery for 2022 for the asset. a. $23,750 b. $14,250 c. $38,000 d. $19,000 23. Tan Company acquires a new machine (ten-year property) on January 15, 2021, at a cost of $200,000. Tan also acquires another new machine (seven-year property) on November 5, 2021, at a cost of $40,000. No election is made to use the straight-line method. The company does not make the $179 election and elects to not take additional first-year depreciation. Determine the total deductions in calculating taxable income related to the machines for 2021. a. $25,716 b. $102,000 c. $132,858 d. $24,000 e. None of these choices are correct.