While completing undergraduate school work in information systems, Dallin Bourne and Michael Banks decided to start a business called ISys Answers which was a technology support company. During year 2015, they bought the following assets and incurred the following fees at start-up: In April of 2016, they decided to purchase a customer list from a company started by fellow information systems students preparing to graduate who provided virtually the same services. The customer list cost $8,000 and the sale was completed on April 30th. During their summer break, Dallin and Michael passed on internship opportunities in an attempt to really grow their business into something they could do full time after graduation. In the summer, they purchased a mini-van (for transportation, not considered a luxury auto) and a pinball machine (to help enhance creativity and to relieve stress and relax). They bought the mini-van on June 15, 2016 for $18,000 and spent $3,000 getting it ready to put into service. Assume that ISys Answers does not elect any section 179 expense or bonus depreciation. Listed Property Listed property generally includes the following. Passenger automobile weighing 6,000 pounds or less. See Limits for passenger automobiles. Any other property used for transportation if the nature of the property lends itself to personal use, such as motorcycles, pick-up trucks, sport utility vehicles, etc. Any property for entertainment or recreational purpose (such as photographic, phonographic communication, and video recording equipment). Computers or peripheral