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Question 39 of 75. What is the seller's gain or loss on repossessed property with a fair market value of $5,000 on the date of

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Question 39 of 75. What is the seller's gain or loss on repossessed property with a fair market value of $5,000 on the date of repossession, where the seller's basis is $4,800, and the costs of repossession were 54007 O Gain of $200 O Loss of $100 O Loss of $200 No gain or loss Mark for follow up

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