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can somone help Blixen sells his personal-use automobile for $12,000. He purchased the car three years ago for $25,000. What is his recognized gain or

can somone help

Blixen sells his personal-use automobile for $12,000. He purchased the car three years ago for $25,000. What is his recognized gain or (loss)? a. $0 b. $12,000. c. ($13,000). d. ($25,000)

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