Patel Industries, a sole proprietorship, sold the following assets in 2021: Asset Cost Warehouse Truck $ 130,000 Acquired 10/10/2014 Depreciation Sale Price $ 22,360 $ 151,500 Sale Date 03/15/2021 Computer 19,000 21,000 01/15/2020 07/31/2020 6,840 5,565 17,700 01/14/2021 11,915 08/31/2021 Required: a. The following questions relate to the sale of the warehouse: 1. What is the adjusted basis of the warehouse? 2. What is the realized gain on the warehouse? 3. What amount of the gain is taxed according to 1250 rules? 4. What amount is considered a 1231 gain before netting? b. The following questions relate to the sale of the truck: 1. What is the adjusted basis of the truck? 2. What is the realized gain on the truck? 3. What amount of the gain is taxed according to 1245 rules? 4. What amount of the gain is taxed as ordinary income? c. The following questions relate to the sale of the computer: 1. What is the adjusted basis of the computer? 2. What is the realized gain or loss on the sale? 3. Which IRC section code applies to this asset?