Yes, you have fully expensed the cost of the trailer for your business. Converting it now to personal use is not a taxable event. Compare this to recycling used copy paper - the business paid for it, used it, and now you have a use for it. There is nothing to record.
The difference between the trailer and the inventory is that you were still carrying the inventory as a business asset with potential future value. While the trailer has value, the business received the benefit for its value through depreciation.
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