Fill in the Blank Question Julie transferred a building with an adjusted basis of $240,000 for another building with a fair market value of $350,000 and $25,000 in cash. The exchange I The recognized gain on the exchange was $ qualified as a like-kind exchange. The realized gain on the exchange was $ Julie's adjusted basis in the building received is $

Fill in the Blank Question Julle transferred a bulding wath en adjusted basis of $240,000 for another bulding with a tair msiket value of $350,000 and $25,000 in cosh. The ekchonge qualified as a like-kind exchange. The reatized gain on the exchange was The recognized gais on the exhange wos 5 Julie's adjusted basis in the building rececved is $