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Amanda uses a delivery van in her business. The adjusted basis is $21,000, and the fair market value is $18,000. The delivery van is stolen

Amanda uses a delivery van in her business. The adjusted basis is $21,000, and the fair market value is $18,000. The delivery van is stolen and Amanda receives insurance proceeds of $18,000. Determine Amanda's realized and recognized gain or loss. (Points : 20)

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