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Barbara converts her personal use computer to her cleaning business. she purchased the computer two years...

Barbara converts her personal use computer to her cleaning business. she purchased the computer two years ago for $1,200. When she converts the property to business use, the fair market value is $1,000. while using the computer in her business for 18 months, she properly desucted depreciation (cost recovery) expense of $360, and she sells the computer for $600. what is her recognized gain or loss? And what is Barbara's depreciable basis in the computer when she converts the property to business use?
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А B с D E Purchase price Fair market value on conversion of property to business use Depreciation charges Written down value

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