$[$The following information applies to the questions displayed below.$]$

At the beginning of the current year, Poplock began a calendar$-$year dog boarding business called Griff's Palace. Poplock bought and placed in service the following assets during the year:

$\backslash$table$[[$Asset$,$Date Acquired,Cost Basis$],[$ter equipment,$\frac{3}{23},$$$9,800$