32. On April 23, Mrs. Y purchased a taxi business from Mr. M for a $60,000 lump-sum price. The business consisted of a two-year-old taxicab worth $19,000, Mr. M's license to operate a taxi business in Baltimore, his list of regular customers, and his registered business name "On Time Any Time Taxi. Mrs. Y operated the business from April 24 through the end of the year. a. Compute Mrs. Y's taxable income from the taxi business if her taxable income before any cost recovery deductions was $36,890. Assume Mrs. Y wants to minimize taxable income. b. Compute Mrs. Y's taxable income from the taxi business if her taxable income before any cost recovery deductions was $17,100. Assume Mrs. Y wants to minimize taxable income but does not wish to take bonus depreciation