Hauswirth Corporation sold (or exchanged) a warehouse in year 0. Hauswirth bought the warehouse several years ago for $67,000, and it has claimed $33,000 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:

1. a.Assuming that Hauswirth receives $47,300 in cash for the warehouse, compute the amount and character of Hauswirth's recognized gain or loss on the sal