Question $1$

$3\mathrm{.}3333$ points

On lune $1$ of the curnent year, Tab converted a machine from personal use to rental property. At the liese of the coevenios, ibe machine was woedh $$90,000.$ Five years ago, Tab parchased the machine for $$70,000.$ The machine is still excumbered by a $$50,000$ morigage. What is the batis of the machine for cost recevery?

a$.$ $$70,000$

$5.590\mathrm{.}000$

C$.$ $$120,000$

$1\mathrm{.}5145000$