What is the maximum depreciation, including bonus depreciation, in 2018 for a new computer used 80% for business that was acquired on July 2, 2018, for $3,000? Assume Section 179 is not elected and that this is the only property placed in service during the year.

a. $2,400

b. $1,200

c. $1,440

d. $1,800

e. $480

48. For purposes of computing depreciation on the taxpayer's home for the home office deduction, the depreciable basis of the home is:

a. the taxpayer's adjusted basis in the home at the time it is converted to a home office.

b. the fair market value of the home at the beginning of the tax year.

c. the fair market value of the home at the time it is converted to a home office.

d. the lesser of a. or c.

e. the lesser of a. or b.??