[Solved] During the current year, an office desk used by Pat in his business was completely destroyed by a fire. The adjusted basis of the desk was $900 (original cost of $1,500 less accumulated depreciation of $600). Pat received $500 from his insurance company, but he did not replace the desk. a.What is the amount of Pat's recognized gain or loss (deduction) as a result of the casualty? b.Assuming this is Pat's only casualty gain or loss for the year, what is the nature of the gain or loss? Sociological Research: The process of conducting studies and investigations to understand social phenomena, patterns, and the dynamics of human behavior within societies. Pornified: Refers to the influence of pornography on mainstream culture, making sexual content more prevalent and accepted. Gender Socialization: Gender socialization is the process by which individuals learn and internalize the roles, behaviors, and attributes culturally expected of them based on their assigned or perceived gender. Barbie Dolls: A brand of fashion dolls manufactured by Mattel, Inc., characterized by their diverse representations of beauty, fashion, and careers.