Firm ML, a noncorporate taxpayer exchanged residential rental property plus $18,300 cash for 20 acres of investment and with a $213.000 FMV ML used the straight-line method to compute depreciation on the rental property Required: a. Assuming that ML's exchange was negotiated at arm's length, what is the FMV of the rental property? b. If the adjusted basis of the rental property is $181500, compute ML's realized and recognized gain, c. Compute Mus basis in the 20 acres of investment and Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required Rueda ting that is exchange was negotiated at arm's length, what is the Fh of the rental property 2313003