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

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The Answer of During the year, Kim sold the following assets: business auto for a $1,000 loss, stock investment for a $1,000 loss, and pleasure 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 the above.

During the Year, Kim Sold the Following Assets: Business Auto