$44.$ Taxpayer exchanges parcel A $($FMV $=$ $$200,000,$ basis $=$ $$150,000)$ for parcel B $($FMV $=$ $$120,000)$ and $$80,000$ cash.

a$.$ Recognized gain is $\_\_\_\_\_\_\_\_\_\_\_\_\_$

b$.$ Taxpayer$$s basis in parcel B is $\_\_\_\_\_\_\_\_\_\_\_$