In 2018, Sue exchanges a sport-utility vehicle (adjusted basis of $76,320; fair market value of $95,400) for cash of $14,310 and a pickup truck (fair market value of $81,090). Both vehicles are for business use. Sue believes that her basis for the truck is $81,090.

Is Sue correct?

(Yes/No) . She must treat the transaction as a (a like-kind exchange/regular sale or exchange) . Therefore the basis of the new property is $........ and Sue has a gain recognized gain of $........