Mary purchased a new business asset (five-year asset) on September 30, 2015, at a cost of $100,000. On October 4, 2016, Mary placed the asset in service. This was the only asset Mary placed in service in 2016. Mary did not elect 179 or additional first-year depreciation if available.

Determine the cost recovery for 2016 for the asset. a. $14,250 b. $19,000 c. $23,750 d. $38,000 e. None of the above