Business, 09.12.2019 21:31 JPU

Talbot purchased a laptop for $1,500 and a television for $1,300. the laptop is used solely for business and the television solely for personal entertainment. during the same year, talbot experienced serious financial difficulty and sold the television for $300 and the laptop for $1,000.

what amount, if any, is talbot entitled to deduct as a loss relating to the sale of the television and laptop? a)$0
b)$500
c)$1,000
d)$1,500

Answers: 2

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Talbot purchased a laptop for $1,500 and a television for $1,300. the laptop is used solely for busi...

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