Heather sells land (adjusted basis, $260,600; fair market value, $338,780) to a partnership in which she controls an 80% capital interes The partnership pays her only $182,420 for the land. If an amount is zero, enter "O". a. How much loss does Heather realize and recognize? Realized loss: $ Recognized loss: $ Feedback b. If the partnership later sells the land to a third party for $286,660, how much gain does that partnership realize and recognize? Realized gain: $ Recognized gain: $