4. Davidson Industries, a sole proprietorship, sold the following assets in 2017: Asset l[lost Acquired Depreciation Sale Price Sale Date Warehouse $150,000 10:"10:'10 $25,801 $175,000 3715:\"17 Truck 18,000 1715716 6,480 16,000 1714717 ComEuter 25,000 7:31:16 6,634 17,000 8:31:17 a. The following questions relate to the sale of the warehouse: (1). What is the adjusted basis of the warehouse? 150,000 + 25,801 = 124,100 (2). What is the realized gain on the warehouse? 170,000 124,199 = 50,801 (3). What amount of the gain is taxed according to 1250 rules? 50,001 (4). What amount is considered a 1231 gain before netting? 50,801