Beth had a general purpose truck $($Old Truck$)$ that she used in her sole proprietorship. Bethoriginally acquired the Old Truck in $2020$ by paying $$19,460$ in cash, performing consulting servicesfor the seller worth $$5,500,$ and financing the remainder of the purchase price with a $$9,400$ loan.During $2023,$ Beth traded in the Old Truck to a car dealership while purchasing a used general purposetruck $($Used Truck$).$ Beth and the car dealership are unrelated to each other. As part of the exchangeof equal values, the dealership gave Beth a trade$-$in allowance of $$6,100$ for the Old Truck $($i$.$e$.,$credited $$6,100$ against the total purchase price for the Used Truck$)$ and assumed the remaining $$1,800$outstanding balance of her liability $($i$.$e$.,$ the unpaid balance of the $$9,400$ loan that Beth took out whenshe acquired the Old Truck in $2020).$ After accounting for the trade$-$in allowance and assumed liability,Beth still had to transfer $$3,200$ in cash to the dealership in order to pay for the Used Truck. Bethproperly took $$26,443$ of depreciation on the Old Truck. Finally, Beth had to pay a $$90$ fee to transferthe Old Trucks title to the car dealership.