Camilo's property, with an adjusted basis of $248,200, is condemned by the state. Camilo receives property with a fair market value of $285,430 as compensation for the property taken. If an amount is zero, enter "0". a. What is Camilos realized and recognized gain? Camilo's realized gain is $fill in the blank 1 and his recognized gain is $fill in the blank 2 . b. What is the basis of the replacement property? The basis of the replacement property is $fill in the blank 3 .