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A taxpayer places a $50,000 5-year recovery period asset in service in 2018. This is the only asset placed in service in 2018. Assuming half-year

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A taxpayer places a $50,000 5-year recovery period asset in service in 2018. This is the only asset placed in service in 2018. Assuming half-year convention, no bonus depreciation, an election to expense under Section 179, and taxable income after all deductions except Section 179 of $5,000, what is the amount of Section 179 immediate expensing? a $5,000 Ob. $50,000 C. $0 d. $30,000 e. $25,000

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