Ricardo purchased a personal computer for $3,000 two years ago. He used the computer exclusively for personal use until this year. In the current year, when the computer is worth $1,000, Ricardo begins using it exclusively in his sole proprietorship.What basis must Ricardo use in calculating his depreciation on the computer?

a. $3,000

b. $2,000

c. $1,000

d. $0 AppendixLO1