11-63 (LO 11-6) (Algo) [The following information applies to the questions displayed below.] Russell Corporation sold a parcel of land valued at $475,000. Its basis in the land was $380,000. For the land, Russell received $90,000 in cash in year O and a note providing that Russell will receive $212,000 in year 1 and $173,000 in year 2 from the buyer. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Problem 11-63 Part-a (Algo) a. What is Russell's realized gain on the transaction? Realized gain