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Sara owns a laptop computer that was stolen. The laptop cost $1,200 when it was purchased 1 years ago. A similar laptop can be purchased

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Sara owns a laptop computer that was stolen. The laptop cost $1,200 when it was purchased 1 years ago. A similar laptop can be purchased today for $800. Assuming the laptop was 30% depreciated at the time the theft occurred, what is the actual cash value of the loss

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