anvum anu chalacter or mauswirtn's gain or loss in year $0$ and in year $1.$

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Assuming that Hauswirth receives $$39,000$ in cash in year $0$ and a $$76,000$ note receivable that is payable in year $1,$ compute the amount and character of Hauswirth's gain or loss in year $0$ and in year $1.$

Note: Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable. Round your final nswers to the nearest whole dollar amount.

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$\backslash$table$[[$Description$,$Amount,,Character$],[$Sales price,$$,115,000,,],[$Original Basis,$$,114,000,,],[$Accumulated Depreciation,$$,24,200,,],[$Adjusted Basis,$$,90,300,,],[$Gain $($Loss$)$ Realized,$$,24,700,,],[$Depreciation Recapture,,,,Ordinary Income$],[$Gain Eligible for Installment Reporting,,,,$],[$Gross Profit Percentage,,,,$],[$$$1231$ gain recognized in year $0,,,$Section $1231$ gain,$],[1231$ gain recognized in year $1,,,$Section $1231$ gain,$]]$

amount and character of Hauswirth's gain or loss in year $0$ and in year $1.$

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Assuming that Hauswirth exchanges the warehouse in a like$-$kind exchange for some land with a fair market value of $$107,500,$ compute Hauswirth's realized gain or loss, recognized gain or loss, deferred gain or loss, and basis in the new land. Note: Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable. Round your final an$$wers to the nearest whole dollar amount.

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$\backslash$table$[[$Gain realized,$$,17,200$