Section 3: Tax Technical Questions 1. To test the output of your Alteryx workflow, manually compute and provide a step-by-step demonstration of the calculation of current year tax depreciation for the following assets: a. HVAC systems acquired in 2018 b. Truck acquired in 2020 C. Landscaping acquired in 2018 d. Portable dance floor acquired in 2020 e. Horse acquired in 2020 2. As shown on the Asset List, CLS disposed of four assets during the current year. Below is sales proceeds information for each asset. Use this information, the data found in the Asset List, and the output of your Alteryx workflow to compute, for each asset: a) adjusted tax basis at the date of sale, b) gain or loss on sale, c) depreciation recapture under Sec. 1245, and d) the amount and character of any gain or loss that exceeds ordinary income due to depreciation recapture. 3. Asset Commercial stove Point-of-sale system Auto Horse Sales Proceeds $3,000 500 6,000 1,200 Section 3: Tax Technical Questions 1. To test the output of your Alteryx workflow, manually compute and provide a step-by-step demonstration of the calculation of current year tax depreciation for the following assets: a. HVAC systems acquired in 2018 b. Truck acquired in 2020 C. Landscaping acquired in 2018 d. Portable dance floor acquired in 2020 e. Horse acquired in 2020 2. As shown on the Asset List, CLS disposed of four assets during the current year. Below is sales proceeds information for each asset. Use this information, the data found in the Asset List, and the output of your Alteryx workflow to compute, for each asset: a) adjusted tax basis at the date of sale, b) gain or loss on sale, c) depreciation recapture under Sec. 1245, and d) the amount and character of any gain or loss that exceeds ordinary income due to depreciation recapture. 3. Asset Commercial stove Point-of-sale system Auto Horse Sales Proceeds $3,000 500 6,000 1,200