Howard's Business Is Raising and Harvesting Peaches

Howard's business is raising and harvesting peaches. On March 10, 2014, Howard purchased 10,000 new peach trees at a cost of $60,000. Howard does not make an election to expense assets under § 179 and does not take additional first-year depreciation (if available) . Determine the cost recovery deduction for 2014.

A) $1,532.
B) $3,000.
C) $12,000.
D) $31,500.
E) None of the above.