Hauswirth Corporation sold (or exchanged) a warehouse in year O. 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 0 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 0 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 Reqc 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) $ 0 Complete this question by entering your answers in the tabs below. Req a Req b Reqc 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. Gain realized $ 16,100 Gain recognized 0 Deferred gain 16,100 27,700 Adjusted basis in new property Complete this question by entering your answers in the tabs below. Req a Reqb Reqc Assuming that Hauswirth receives $20,500 in cash in year 0 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 0 and in year 1. (Round "Gross Profit Percentage" to 2 decimal places.) Description Amount Character Amount Realized $ 80,000 61,500 $ $ (33,800) 27,700 $ $ Original Basis Accumulated Depreciation Adjusted Basis Gain (Loss) Realized Depreciation Recapture Gain Eligible for Installment Reporting Gross Profit Percentage Installment Gain (Loss) in year 0 Installment Gain (Loss) in year 1 $ $ 52,300 (33,800) Ordinary Income 18,500 23.13 % 4,742 Section 1231 gain 13,762 Section 1231 gain $ $