Hauswirth Corporation sold (or exchanged) a warehouse In year . Hauswirth bought the warehouse several years ago for $61,500 and it has claimed $33,800 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 $43,800 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 $43,800, 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 $20,500 in cash In year O and a $59,500 note receivable that is payable in year 1, compute the amount and character of Hauswirth's gain or loss in year O and In year 1. (Round "Gross Profit Percentage" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Reg a Reqb Regc Assuming that Hauswirth receives $43,800 in cash for the warehouse, compute the amount and character of Hauswirth's recognized gain or loss on the sale. $ 16.100 Recognized Gain/(Loss) Character of Recognized Gain/(Loss): Ordinary Gain/(Loss) $1231 gain (loss) $ 16,100