23 ! Part 1 of 2 .25 oints Required information Problem 11-63 (LO 11-6) (Algo) [The following information applies to the questions displayed below.] Russell Corporation sold a parcel of land valued at $472,500. Its basis in the land was $354,375. For the land, Russell received $95,250 in cash in year O and a note providing that Russell will receive $179,000 in year 1 and $198,250 in year 2 from the buyer. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) eBook Problem 11-63 Part-a (Algo) Ask Print a. What is Russell's realized gain on the transaction? Realized gain References