On June 1,2014,Sam Purchased Used Farm Machinery for $150,000

On June 1,2014,Sam purchased used farm machinery for $150,000.Sam used the machinery in connection with his farming business.Sam does not elect to expense assets under § 179.Sam has,however,made an election to not have the uniform capitalization rules apply to the farming business.Determine the cost recovery deduction for 2014.

A) $5,000
B) $7,500
C) $10,000
D) $78,750
E) None of these