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Discuss what are tax consequences

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Amy purchases a computer for $4,000 and uses it 60% of the time in an active trade or business and 40% for personal use. She claims depreciation on it in the amount of $1,000 and sells it for $800. What are tax consequences?

$920 loss
$2,200 loss
$1,320 loss
$1,280 loss

Reference no: EM131748288

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