Eldridge purchases a golf course on Long Island for a cost of $1,000,000. After performing a cost segregation analysis it is determined that $150,000 of cost may be allocated to the land preparation costs and the underground irrigation system. Which statement is true about the cost recovery deduction for the golf course?

a) Eldridge may depreciate the full $1 million cost over 39 years.

b) Eldridge may depreciate $850,000 of the cost over 39 years and $150,000 over 15 years a land improvement.

c) Eldridge may depreciate only the land improvement costs over 15 years.

d) None of the above.