After trial to the court plaintiff, John A. Artukovich & Sons, Inc., was granted judgment for compensatory damages of $6,956.59 and punitive damages of $6,000.00 against defendant, Reliance Truck Company, for conversion of plaintiffs crane. The Court of Appeals set aside the trial courts judgment for conversion, and ordered plaintiffs recovery to be reduced to compensatory damages of $1,456.59, which represented the out-of-pocket expenses actually incurred by plaintiff as a result of defendants unauthorized use of the crane. We granted plaintiffs petition for review. The opinion of the Court of Appeals is vacated.