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ty Question 16 of 75. Sue purchased a van for $18.000 to use exclusively in her delivery business. She sold it four months later in
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Question 16 of 75. Sue purchased a van for $18.000 to use exclusively in her delivery business. She sold it four months later in the same year for $12,500. What is the smount of gain or loss, and where on Form 4797 doet O $3,700 loss, Part I O $5,500 gain, Part ll. $5,500 loss, Part Il O $5,500 loss, Part I Mark for follow up Question 17 of 75
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