Acme Inc. and Beamer Company exchanged business real property. Acme's realty had a $240,000 FMV and $117,300 adjusted tax basis, and Beamer's realty had a $225,000 FMV and a $168,200 adjusted tax basis. Beamer paid $15,000 cash to Acme as part of the exchange. Which of the following statements is true?

Multiple Choice

Acme's realized gain is $122,700 and recognized gain is -0-.

Beamer's realized gain is $56,800 and recognized gain is $15,000.

Acme's basis in its newly acquired asset is $117,300.

Beamer's basis in its newly acquired asset is $168,200.