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Believing that they have little value, Daniela abandons several items of personal property when she moves out of the country: A car used for business,
Believing that they have little value, Daniela abandons several items of personal property when she moves out of the country: A car used for business, with a purchase price of $40,000 and accumulated depreciation of $36,000. A used truck purchased for personal use at a cost of $8,000. What is Daniela's deductible loss as a result of the abandonment of these assets
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