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Problem 10-42 (LO 10-1) (Static) 2 Brittany started a law practice as a sole proprietor. She owned a computer, printer, desk, and file cabinet she purchased during law school (several years ago) that she is planning to use in her business. 2.5/10 points awarded Scored Asset Computer Printer Desk File cabinet Purchase Price $5,500 3,300 4,200 3,200 FMV at Time Converted to Business Use $ 3,800 3,150 4,000 3,225 Using the above information, what is the depreciable basis that Brittany should use in her business for each asset? Asset Depreciable Basis 3,800 Computer $ Printer $ 150 x Desk $ 1,000 X File cabinet $ 225 x