QUESTION 15 True or False: If a taxpayer does not want to use the "accelerated" cost recovery method for equipment, he or she can elect to "slow down" his depreciation. This will give him smaller deductions in the earlier years than he or she would otherwise get. O True O False QUESTION 16 Gary bought stock for $10,000 and sold it to his mother Ella for $6,000. Two years later, Ella sold it for $9.000. How much gain or loss will Ella report on her tax return from the sale. Zero gain or loss. $1,000 loss. $3,000 gain. $4,000 gain