1 pts Joan Reed exchanges commercial real estate that she owns for other commercial real estate, plus $50,000 cash. The following additional information pertains to this transaction: Property given up by Reed Fair market value Adjusted basis Property received by Reed Fair market value What amount of gain should be recognized in Reed's income-tax return? $200,000 O $100,000 $50,000 8 50 $500,000 $300,000 $450,000