Our client, Silvia Fields, is the self$-$employed operator of a VIP delivery service. Three years ago, Silvia purchased her only asset, a van, for a cost of $$65,000.$ The van has been used $100\%$ for business deliveries since it was purchased. The UCC balance in Class $10$ at the beginning of this year is $$10,814.$On March $1,$ Silvia sold the van for $$8,300$ and leased a new van for $$1,200$ a month.Please draft the contents of a letter to Sylvia explaining the income tax implications of thedisposition of the van.