Question: Two years ago, Warren purchased a computer for $4,000 that was used exclusively for personal purposes until this year. At the beginning of the current

Two years ago, Warren purchased a computer for $4,000 that was used exclusively for personal purposes until this year. At the beginning of the current year, Warren opened a consulting business as a sole proprietorship and began using the computer solely for business purposes; it is now worth only $900. What basis must Warren use in calculating his depreciation on the computer?

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