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Determine the realized, recognized, and postponed gain or loss, as well as the new basis for each of the following qualified like-kind exchanges. If an

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Determine the realized, recognized, and postponed gain or loss, as well as the new basis for each of the following qualified like-kind exchanges. If an amount is zero, enter "O". Adjusted Basis of Fair Market Value Old Asset Boot Given of New Asset Boot Received $75,000 $0 $84,000 $3,000 14,000 6,000 12,000 82,000 17,000 77,000 7,000 8,000 160,000 21,000 17,000 b. 0 C. d. 1,000 0 0 e. 0 175,000 13,000 f 0 0 Adjusted Basis of Old Asset Gain/Loss Realized Recognized Postponed New Basis a. $75,000 Gam 9,000 X $ 4,000 X 5,000 * $ 7,000 x b. $14,000 LOS $ C. $82,000 LO $ d. $1,000 Gam JU e. $160,000 Gam f. $21,000 Los

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