9. 30 Points: Mary and Margaret are exchanging business properties. Mary is transferring to Margaret her apartment building with a fmv of $300,000 and a basis of $150,000. In addition, she is transferring her business car with a fmv of $80,000 and a basis of $50,000. In return, Margaret is transferring to Mary her farm. It has a fmv of $500,000 and a basis of $400,000 and is subject to a mortgage of $160,000, which Mary will assume. In addition, Margaret is paying Mary $40,000 in cash. Determine each person's: realized gains or losses, recognized gains or losses, and basis in all assets received. Finally, suggest how to restructure the transaction to increase the tax benefits, or reduce the tax costs, to any and all parties. Be certain to show all your work on this