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A taxpayer places a $72,000 7-year recovery period asset in service in 2022. This is the only asset placed in service in 2022. Assuming half-year

A taxpayer places a $72,000 7-year recovery period asset in service in 2022. This is the only asset placed in service in 2022. Assuming half-year convention, bonus depreciation, and taxable income before cost recovery of $3,500, what is the amount of cost recovery in 2022?

a.$36,000

b.$0

c.$72,000

d.$3,500

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