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Semenov [28]
3 years ago
9

During the year, Kim sold the following assets: business auto for a $1,000 loss, stock investment for a $1,000 loss, and pleasur

e yacht for a $1,000 loss. Presuming adequate income, how much of these losses may Kim claim?
a. $0.
b. $1,000.
c. $2,000.
d. $3,000.
e. None of these.
Business
1 answer:
Anton [14]3 years ago
3 0

Answer:

c. $2,000

Explanation:

total loss claim = business auto loss + stock investment loss

                         = $1,000 + $1,000

                         = $2,000

Therefore, The Kim may claim $2,000 of these losses.

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