9-16 Listed Property. Indicate whether the following statements are true or false. If false explain why a. J is a part-time photographer. This year she purchased a camera that cost $1,000. ' Thirty percent of her usage was for business while the remainder was personal. J may use the accelerated depreciation recovery percentages of MACRS b. P a proprietor of a lighting store, purchased computer equipment for $10,000 280F, the maximum which he uses 50% of the time for business. Under Code deduction for depreciation and limited expensing in the first year is $500, while without S 280F the deduction would be $5,000. C purchased computer equipment that he uses 60% of the time for managing his investments and 35% of the time in connection with a mail-order business he op- erates out of his home. C may claim straight-line depreciation deductions based on 95% of the cost of the asset. G is employed as a research consultant for RND Corporation, a research institute. G uses the company's computer at the office but often takes home work, which c. d. she does on her home computer. G's use of her home computer for work done for her employer is considered qualified business use. T is a college professor who uses a computer, for which he properly claims de- e. ductions, to write textbooks in his home office. It is unnecessary for T to maintain records on business usage of the computer