Tina owns a truck costing $ 21 comma 000 and used for personal activities. The truck has a $ 10 comma 000 FMV when it is transferred to her business, which is operated as a sole proprietorship. Requirements a. What is the basis of the truck for determining depreciation? b. What is Tina's realized gain or loss if the truck is sold for $ 8 comma 000 after claiming depreciation of $ 1 comma 500?

A.j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a.j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a.j. could have probably handled. a.j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a.j. was recognizing the culture at idle time gaming.