Company B and Firm W exchanged the following business real estate: Blackacre (exchanged by B) Whiteacre (exchanged by W) FMV $ 400,000 $ 525,000 Mortgage (100,000) (225,000) Equity $ 300,000 $ 300,000 Required: If Bs adjusted basis in Blackacre was $240,000, compute Bs realized gain, recognized gain, and basis in Whiteacre. If W's adjusted basis in Whiteacre was $100,000, compute Ws realized gain, recognized gain, and basis in Blackacre.