(Solution) - Juan acquires a new 5 year class asset on March 14 -(2025 Original AI-Free Solution)

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Juan acquires a new 5-year class asset on March 14, 2014, for $200,000. This is the only asset Juan acquired during the year. He does not elect immediate expensing under § 179. He does not claim any available additional first-year depreciation. On July 15,
2015, Juan sells the asset.
a. Determine Juan's cost recovery for 2014.
b. Determine Juan's cost recovery for 2015?