Required information Problem 11-47 (LO 11-5) (Static) [The following information applies to the questions displsyod below] Buckley, an individual, began business two yeas ago and has never sold a 51231 asset. Buckley has owned each of the assets since he began the business. In the current yeac, Buckley sold the following business assets? Assuming Buckley's marginal ordinary income tax rote is 32 percent answer the questions for the following alternative. scenarios: Problem 11-47 Part-b (Static) Required: b1. Assume that the amount featired increased so that the building was sold of a $6.000 galn instead. What is the amount and character of Buckley's gains or losses for the current year? b2. Caiculate Buckley's tax liability or tak savings for the year, Complete this question by entering your answers in the tabs below. b1. Assume that the amount realized increased so that the building was sold at a 56,000 gain instead. What is the amount and character of Buckley's gains or losses for the current year? b2. Caiculate Buckley's tax liabilty or tax savings for the yeat Complete this question by entering your answers in the tabs below. Assume that the amount realized increased so that the buiding was sold at a 56,000 gain instead. What is the amount and character of Buckley's gains or losses for the current year? b1. Assume that the amount realized increased so that the building was sold ot a $6,000 goin instead. What is the amount and character of Buckley's gains or losses for the current year? b2. Calculate Buckiley's tax liability or tax savings for the yeat. Complete this question by entering your answers in the tabs below. Calculate Buckley's tax liability of tax savings for the yeat