West Corporation purchased and placed in service a new business asset (five-year asset) on November 4,2021 , at a cost of $300,000. This was the only asset the company placed in service in 2021 . West did not elect 179 or additional first-year depreciation. On June 20, 2022, West sold the asset. Determine the MACRS depreciation deduction for 2022 for the asset. Select one: a. $42,750 b. $57,000 c. $99,750 d. $114,000 West Corporation purchased and placed in service a new business asset (five-year asset) on November 4,2021 , at a cost of $300,000. This was the only asset the company placed in service in 2021 . West did not elect 179 or additional first-year depreciation. On June 20, 2022, West sold the asset. Determine the MACRS depreciation deduction for 2022 for the asset. Select one: a. $42,750 b. $57,000 c. $99,750 d. $114,000