Amy and Brian were investigating the acquisition of a tax accounting business, Bottom Line Incorporated $($BLI$).$ As part of their discussions with the sole shareholder of the corporation, Ernesto Young, they examined the company's tax accounting balance sheet. The relevant information is summarized as follows:

Note: Leave no answer blank. Enter zero if applicable. Negative amounts should be indicated by a minus sign.

$16\mathrm{.}66$

points

References

$\backslash$table$[[,$FMV$,\backslash$table$[[$Adjusted Tax$],[$Basis$]],$Appreciation$],[$Cash$,$$$7,000,$$$7,000,],[$Receivables$,14,000,14,000,],[$Building$,115,000,57,500,57,500],[$Land$,249,000,109,000,140,000],[$Total$,$$$385,000,$$$187,500,$$$197,500$