12. OnJuly 20, 2010,Kelli purchases office equipment at a cost of $12,000. Kelli makes the election to expense for 2010. She is self-employed as an attorney, and in 2010 her business has a net income of $6,000 before considering this election to expense. Kelli has no other income or expenses for the year. What is the maximum amount that Kelli may deduct for 2010 under the election to expense, assuming she elects to expense the entire $12,000 purchase?

a. $24,000

b. $12,000

c. $6,000

d. $3,000

e. $1,000