Check my work 07 5 15 Hauswirth Corporation sold for exchanged a warehouse in year O. Hauswirth bought the warehouse several years ago for $79,000, and it has claimed $42.600 of depreciation expense against the building. (Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable. Round your final answers to the nearest whole dollar amount.) Required: a. Assuming that Hauswirth receives $54,100 in cash for the warehouse, compute the amount and character of Hauswirth's recognized gain or loss on the sale. b. Assuming that Hauswirth exchanges the warehouse in a like kind exchange for some land with a fair market value of $54,100 compute Hauswirth's realized gain or loss. recognized gain or loss. deferred gain or loss, and basis in the new land. c. Assuming that Hauswirth receives $35,000 in cash in year and a $75.500 note receivable that is payable in year 1 compute the amount and character of Hauswirth's gain or loss in year and in year 1. Complete this question by entering your answers in the tabs below. Reso Regt Rec Assuming that Hauwirth receives $54,100 in cath for the warehouse, compute the amount and character of Hauswirts recognized gain or loss on the sale $ 11.300 Recogidos) Character of Records) Ordinary GLOSS 51231 11300 5 5 Rega Reqb Rege 15 points Assuming that Hauswirth receives $35,000 in cash in year 0 and a $75,500 note receivable that is payable in year 1, compute the amount and character of Hauswirth's gain or loss in year 0 and in year 1 Amount Character Description Sales price Original Basis Accumulated Depreciation Adjusted Basis Gain (Loss) Realized Depreciation Recapture Gain Eligible for installment Reporting Gross Profit Percentage $1231 gain recognized in year 0 $1231 gain recognized in year 1