In each of the following situations, determine the depreciable basis of each asset:
a. Melissa purchases furniture and fixtures from the estate of the owner of a business for $45,000. She plans to use these assets in her business.
b. Quang purchased a computer from his employer for $4,000. He plans to use it in his consulting practice, which he conducts in the evenings and on weekends. The fair market value of the computer is $7,000.
c. Jenny begins using her personal computer equipment in her business. She purchased the equipment for $19,000 in 2009, and it is currently worth $13,000.
d. Fletcher inherits a collectible car from his grandfather's estate. The grandfather's basis in the car was $5,000. The executor of the estate does not make any special elections and values the car at its appraised fair market value of $25,000. Fletcher plans to use the car in his business.