Thom Jones (SSN 000-00-1111) is an unincorporated manufacturer of widgets. He uses the LCM method to value his inventory and reports the following for 2018:

Sales (less returns and allowances)	$1,250,000
Cost of goods sold	500,000
Office expenses	10,000
Depreciation*	?
Legal services	4,000
Salary expenses	36,000
Travel expenses	30,000
Repair expenses	20,000

* Information related to Mr. Jones's depreciation:

Cost of office furniture acquired and placed in service on April 15, 2018 (7-year recovery).	$480,000
Cost of warehouse acquired and placed in service on August 1, 2018	750,000
Depreciation on assets purchased and placed in service prior to 2018	28,000

The business operates under the name Jones Widget Company and is located at 400 W. Main Street in Springfield, Maryland 21368. Its employer identification number is 55-9876543. The business uses the cash method, Thom materially participates in it, and it did not make any payments that would require it to file Form 1099.

Complete Thom's 2018 Form 4562 and Schedule C of Form 1040, assuming he elects to expense the maximum amount possible under Sec. 179 and uses bonus depreciation for any eligible amounts exceeding the Sec. 179 maximum.