Davidson Industries, a sole proprietorship, sold the following assets in 2016:

a. The following questions relate to the sale of the warehouse:
(1). What is the adjusted basis of the warehouse?
(2). What is the realized gain on the warehouse?
(3). What amount of the gain is taxed according to § 1250 rules?
(4). What amount is considered a § 1231 gain before netting?
b. The following questions relate to the sale of the truck:
(1). What is the adjusted basis of the truck?
(2). What is the realized gain on the truck?
(3). What amount of the gain is taxed according to § 1245 rules?
(4). What amount of the gain is taxed as ordinary income?
c. The following questions relate to the sale of the computer:
(1). What is the adjusted basis of the computer?
(2). What is the realized gain or loss on the sale?
(3). Which IRC section code applies to this asset?

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Asset Warehouse $150,000 10/10/09 S25,801 Truck Computer Cost Acquired Depreciation Sale Price Sale Date S175,000 3/15/16 16,000 1/14/16 17,000 8/31/16 18,000 1/15/15 6,480 25,000 7/31/15 6,634