for his home. The computer cost $4,000. H. P uses the computer 60 percent of the On July 15, 2016, H. P: purchases a personal computer time in his business,15 percent of the time for managing his investments and the remaining 25 percent of the time for various personal uses. Calculate i H. P's maximum deprec lation deduction for 2016 for the computer, assuming he does not make the election to expense or take bonus depreciation HTML Editor Paragraph .? 5 pts Question 32 To be depreciated, must an asset actually lose value each year