Harris Corporation is a technology start-up in its second year of operations. The company didnt purchase any assets this year but purchased the following assets in the prior year: Asset Placed in Service Basis Office equipment August 14 $ 12,000 Manufacturing equipment April 15 88,000 Computer system June 1 36,000 Total $ 136,000 Harris did not know depreciation was tax deductible until it hired an accountant this year and didn't claim any depreciation deduction in its first year of operation. (Use MACRS Table 1 and Table 2.) b. What is the basis of the office equipment at the end of the second year?