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Please show the work to get here. I appreciate it! During the year, Kim sold the following assets: business auto for a $1,000 loss, stock

image text in transcribed Please show the work to get here. I appreciate it!

During the year, Kim sold the following assets: business auto for a $1,000 loss, stock investment for a $1,000 loss, and pleasure yacht for a $1,000 loss. Presuming adequate income, how much of these losses may Kim claim

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