PER CURIAM.
Upon consideration of plaintiff's application for rehearing, we reverse our previous opinion to the extent that it ordered a remand to the trial court to determine whether plaintiff acted with reasonable speed to mitigate its damages. In light of Willis v Ed Hudson Towing, Inc, 109 Mich. App. 344; 311 N.W.2d 776 (1981), and Allen v Morris Building Co, 360 Mich. 214; 103 N.W.2d 491 (1960), plaintiff was under no duty to mitigate its damages. This case is remanded to the trial court for entry of an order fixing plaintiff's damages at the market value of the equipment on the date of conversion minus the net proceeds realized by plaintiff in the post-conversion sale of the equipment, plus interest and any recoverable costs.