buvkley sn individual began business two years ago has never sold a 1232 asset byckkry has owned each of the assets since he began the business un the current year buckley dold the following business assets.

assuming buckleys mathinal ordinary income tax rate is 32 percent answer the questions fir the following alternative scenarios:

a. whst is thr amount snd character of Buckleys gains or losses for the current year?

b. Calculate buvkleys tax liability or tax savings for the year.