The carrying value of an asset classified under the 10-year CATEGORY MACRS property of a Company located in the USA is $49,5000 after the first year. If it is estimated that your estimated residual or market value will be $5,000 at the end of its 15-year lifespan, what do you estimate was the original cost base of this asset?

Select one:

a. $52,105

b. $55,000

c. $50,000

d. No correct answer is provided.

e. $61,875