27. Todd has land that he wants to exchange with Dominic. Todd's land has a fair market value of $430,000 and an adjusted basis of $362,000. Dominic's land has a fair market value of $443,000 and an adjusted basis of $400,000. To make the exchange equitable Todd will also give Dominic a boat worth $13,000. Determine the gain/loss realized, the gain/loss recognized and the adjusted basis of the new property for both Todd and Dominic