An asset (not an automobile) put in service in June 2020 has a depreciable basis of $28,000 and a recovery period of 5 years. Assuming bonus depreciation is used, half-year convention and no election to expense is made, what is the maximum amount of cost that can be deducted in 2020?
a. $5,600
b. $14,000
c. $24,000
d. $28,000
e. $40,000