During 2017, Myca sells her car for $5,000 . She acquired the car in 2013 for $11,000 and has used it 60% for business and 40% for personal use. She deducted $5,280 in depreciation. What is the taxable gain or loss from the sale of the car attributable to her business use?
a. $3,680 gain
b. $432 gain
c. $720 loss
d. $2,280 loss
e. $1,680 gain
e
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