An asset (not an automobile) put in service in June 2020 has a depreciable basis of $25,000 and a recovery period of 5 years. Assuming half-year convention, no bonus depreciation, and no election to expense is made, what is the maximum amount of cost that can be deducted in 2020?
a. $2,500
b. $5,000
c. $6,000
d. $30,000
e. None of the above