Assume there is no Section 179 and bonus depreciation Use MACRS only for depreciation Show detaled calculation and explanation a) Calculate total accumulated depreciation of each asset untit the sold date (12/31/23) Hint Review textbook chapter on this In the year of disposibon, under half.year convention, only 1/2 of MACRS nomal rate is allowed b) Calculate the adjusted basis for each asset c) Calculate the ganloss for each asset d) Point out the exact character of gainloss for each asset gainloss (ex Ordinary, pure 1231, 1245, 1250, etc) e) Calculate the Net 1231 GairLoss Hint. Be aware of 1245 Depreciation recapture and 1231 lookback rules