MACRS (LO. 6) The United Express Company begins business in August 2020 by purchasing the assets listed in the table below. Cost $588,000 Asset Trucks Tractor units Office equipment MACRS 5-year life; mid-year convention 3-year life; mid-year convention 7-year life; mid-year convention 55,000 466,000 The United Express Company sells, in June 2023, one of the trucks with a cost of $50,000 for $15,000. Assume that none of the truck was expensed in 2020. Refer to the MACRS Depreciation Tables to answer the following questions. The adjusted basis of the truck is $ which results in a gain of $ from the sale