Maria Acquired a Personal Computer to Use 100% in Her

question 53

Essay

Maria acquired a personal computer to use 100% in her business for $6,000.She took MACRS deductions of $2,880 before selling it in current year.Determine the amount and character of the gain (loss)recognized on the sale of the computer,assuming a sales price that differs in each of the three independent situations:
$$\begin{array} { l c c c } & \text { Sales Price } & \begin{array} { r } \text { Amount of } \\\text { Gain(Loss } )\end{array} & \text { Character } ( 1231,1245,1250 ) \\\text { a } & \$ 2,400 &\_\_\_&\_\_\_ \\\text { b. } & \$ 6,350 &\_\_\_ &\_\_\_\\\text { c. } & \$ 4,600 &\_\_\_&\_\_\_ \\\end{array}$$

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