Catherine Travis is starting a new business. She has several assets that she wants to use in her business that she has been using personally. Since she plans to convert several assets from personal to business use, she will need to find out how much each asset is worth so she can determine her basis for depreciating the assets. Catherine has decided that getting an appraisal would be too costly so she simply uses her cost basis for the assets. What is Catherine's strategy for determining her business asset bases? Using the research skills you know, access RIA Checkpoint and research the advisability of Catherine's plan to use her cost basis as the basis for depreciation of the assets.