Jim acquires a new seven-year class asset on September 20, 2016, for $80,000. He placed the asset in service on October 5, 2016. He does not elect to expense any of the asset under section 179 or elect straight-line, cost recovery. He takes additional first-year depreciation. This is the only asset he acquires in 2016. Determine Jim's cost recovery in 2016 and 2017? If he sells the asset on August 25, 2017, what would his 2017 cost recovery be