Exercise 7-3 (Algorithmic) (LO. 2, 4) Lisa sells business property with an adjusted basis of $173,400 to her son, Alfred, for its fair market value of $138,720. If an amount is zero, enter "O". a. What is Lisa's realized and recognized gain or loss? Usa has a realized of which s Is recognized b. What is Alfred's recognized gain or loss if he subsequently sells the property for $190,740? For $112,710? If Alfred sells the property for $190,740, he has a recognized of $ If Alfred sells the property for $112,710, he has a recognized of s