A taxpayer purchased and paid cash for $50,000 of inventory during 2019. As of the end of the year, half of the inventory had been sold. What amount of deduction would a cash basis taxpayer be entitled to related to the inventory during 2019? What about if the taxpayer were an accrual basis taxpayer

Cash: $25,000; Accrual: $25,000

Cash: $25,000; Accrual: $50,000

Cash: $50,000; Accrual: $25,000

Cash: $50,000; Accrual: $50,000