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