Fernando owwns a bakery. The building has an unadjusted basis of $400,000.00 and Fernando qualifies as a small taxpayer for the purpose of the tangible property Regulation Safe Harbor for small taxpayer

This year Fernando had the roof replaced. Fernando may deduct this expense under the safe harbor for small taxpayer if the total he spent on repairs , maintnenace improvements abd similiar activities is less than what amount

7,500

8,000

8,500

9,000