Hazel purchased a new business asset (five-year asset) on September 30, 2016, at a cost of $100,000. On October 4, 2016, Hazel placed the asset in service. This was the only asset Hazel placed in service in 2016. Hazel did not elect 179 or additional first-year depreciation if available. On June 20, 2017, Hazel sold the asset. Determine the cost recovery for 2017 for the asset.

A) $14,250

B) $38,000

C) $19,000

D) $23,750

E) None of these are correct

Please show calculation and explanation. Thanks!