2) Because we are in Jesus, we are made new= Our old flesh no longer has reign when we accept the finished work of the cross
3) We CAN DO good things= Because of our new nature in Jesus we have the capability to do good things.
4) He planned for us to do these good things= He has plans for YOU, you are not an after thought.
There is a lot in this one little verse to chew on, let it soak in and be filled up through HIS WORD!
Enjoy Life. Consider Eternity.