During 2013,Myca Sells Her Car for $5,000

Multiple Choice

During 2013,Myca sells her car for $5,000.She acquired the car in 2009 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