Harry sells the automobile he has used in his job as a salesman for $2,000. It cost $15,000 four years earlier. Harry used the automobile 70% of the time in his job and 30% of the time for personal purposes. At the date of sale, Harry had taken $10,000 in depreciation on the car.

Identify the tax issue(s) posed by the facts presented. Determine the possible tax consequences of each issue that you identify.