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0 Required information Problem 10-45 (LO 10-1) (Algo) (The following information applies to the questions displayed below.) Wanting to finalize a sale before year-end, on

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0 Required information Problem 10-45 (LO 10-1) (Algo) (The following information applies to the questions displayed below.) Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $117,000. The appraised fair market value of the warehouse was $135,750, and the appraised value of the land was $161,250. (Do not round Intermediate calculations. Round your final answers to the nearest whole dollar amount.) Problem 10-45 Part b (Algo) b. What would be Bob's basis in the warehouse and in the land if the appraised value of the warehouse was $110,750, and the appraised value of the land was $117,000? Bob's Basis Warehouse Land

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