Hi, will someone help me answer the two questions listed in the second photo? the first photo will show the same problems that were done with different numbers for reference. Thank you!

Walt Hubble is contemplating selling rental property that originally cost $200,000. He believes that it has appreciated in value at an annual rate of 6% over its four-year holding period. He will have to pay a commission equal to 5% of the sale price to sell the property. Currently, the property has a book value of $137,000.00. The mortgage balance outstanding at the time of sale currently is $155,000.00. Walt will have to pay a 15% tax on any capital gains and a 25% tax on recaptured depreciation. a. Calculate the tax payable on the proposed sale. b. Calculate the after-tax net proceeds associated with the proposed sale, CFR. a. The tax payable on the proposed sale is $ 21,730.59' (Round to the nearest cent.) b. The after-tax net proceeds associated with the proposed sale, CFR, is $ 63,140.03". (Round to the nearest cent.) Question Viewer Question is complete. Tap on the red indicators to see incorrect answers. Try Again All parts showing Homework: Chapter 18 Problems Save Score: 0 of 10 pts 2 of 2 (0 complete) HW Score: 0%, 0 of 20 pts P18.3 (similar to) s Question Help Walt Hubble is contemplating selling rental property that originally cost $201.832. He believes that it has appreciated in value at an annual rate of 7% over its four-year holding period. He will have to pay a commission equal to 4% of the sale price to sell the property. Currently, the property has a book value of $136,369.93. The mortgage balance outstanding at the time of sale currently is $154,171.72. Wait will have to pay a 15% tax on any capital gains and a 25% tax on recaptured depreciation. a. Calculate the tax payable on the proposed sale. b. Calculate the after-tax net proceeds associated with the proposed sale, CFR a. The tax payable on the proposed sale is $. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. 1 part remaining Clear All Check