Locate and print Form 4684. Enter the following information and complete the form to the extent possible: Howser Corporation, a calendar-year corporation, discovered in January that its bookkeeper (who was fired late last year) had embezzled $45,000 from the company.The theft was not covered by insurance.

In October, a hurricane damaged its warehouse building in the Florida Keys.The building’s fair market values before and after the hurricane were $425,000 and

$150,000, respectively.The basis of the building at the time of the damage was

$235,000. Howser received only $200,000 from its insurance company due to its limited hurricane coverage.

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