om 11. Listed Property, Section 179. (Objs. 2 and 3) Terrell is a self-employed personal financial adviser. In March 2018, Terrell purchased video equipment, 5-year listed property, for $2,800. This was his only purchase of depreciable property in 2018. He uses the computer 60% of the time in providing financial advice to clients, 15% of the time managing his own investments and the rest of the time for personal use. Terrell elects out of bonus depreciation. a. Compute Terrell's maximum depreciation expense deduction in 2018 for the video equipment assuming he does not elect Section 179 in 2018. b. Same as in Part a., except that Terrell elects the maximum Section 179 expense. Where on his tax return does Terrell deduct this depreciation expense C