Scorp purchased a vehicle for a shareholder back in 2015 for $65154. 85% business use (55381). In 2023, the Scorp decided to let him keep the vehicle. At the time, the value on the balance sheet after depreciation was $26683. The FMV, according to the client was $9851. This would reflect a loss of $16910 (26683 - 9851). Trying to figure out how to remove this from the balance sheet and how the loss will be treated on the P&L?