help please 23. Hazel purchased a new business asset (five-year asset)...
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23. Hazel purchased a new business asset (five-year asset) on September 30,2023 , at a cost of $120,000. On October 4,2023 , she placed the asset in service. This was the only asset she placed in service in 2022 . Hazel did not elect $179 or additional first-year depreciation. On August 20, 2024, Hazel sold the asset. Determine the cost recovery for 2023 for the asset. a. $23,750 b. $19,000 c. $14,250 d. $38,000 e. None of the above
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