Repossession. Lina, an attorney, sold an antique rug for $45,000 that had been in her home. The rug cost Lina $12,000 several years ago. Lina collected $15,000 down and received a one-year interest bearing note for the balance. She is unable to collect the balance, and after incurring court costs of $500, she repossesses the rug. The rug is damaged when she recovers it and is now worth only $30,000. a. How much gdin must Lina report in the year of the sale? b. How much gain, if any, must Lina report in the year she repossesses the rug? c. What is the basis of the rug after the repossession