Question: Problem 7 sivia Fields is the self-employed operator of a VIP de van fora cost of 524,000. The van has been used 100% for business

 Problem 7 sivia Fields is the self-employed operator of a VIP

Problem 7 sivia Fields is the self-employed operator of a VIP de van fora cost of 524,000. The van has been used 100% for business deliveries livery service. Three years ago, Silvia yer jased her onte UCC balance in Class 10 at the beginning of this year is s14280. 0 has) nuod the van for $10,300 and leased a new van for $400 a month sinee it was March L, Silvia sold the van or e balance in C ou to explain the income tax implications of the disposition of the van would like y ITA

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