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17-19 pls The following information applies to question 17-19: Snow White gave both Fairytaleland (with a basis of $8,000 and market value of $10,000 )

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17-19 pls

The following information applies to question 17-19: Snow White gave both Fairytaleland (with a basis of $8,000 and market value of $10,000 ) and $3,000 cash to Cinderella. Cinderella in return gave Snow White an acre of Neverland (basis of $15,000 and market value of 17. What amount, if any, is Cinderella's recognized gain or loss? 18. What amount is Cinderella's basis in Fairytaleland? 19. What amount is Snow White's basis in Neverland

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