QUESTION $9$

Curt's Consulting Company purchased a laptop computer on February $15,2023$ for $$2,000.$ The laptop was destroyed in a fire on April $30,2023$ and Curt's Consulting received $$500$ with respect to the loss from the insurance company. It was the only property in the class as all computer equipment has been leased for the last two years. The effect on $2023$ business income for the taxation year ending December $31,2023$ is:

$$2,000$ decrease.

$$550$ decrease.

$$412\mathrm{.}50$ decrease.

$$1,500$ decrease.