In June 2023, Sue exchanges a sport-utility vehicle (adjusted basis of $118,880; fair market value of $148,600 ) for cash of $22,290 a pickup truck (fair market value of $126,310 ). Both vehicles are for business use. Sue believes that her basis for the truck is $126,310. Is Sue correct? Why or why not? As part of your response, compute Sue's realized gain or loss (and any recognized gain or loss) on th exchange. . She must treat the transaction as and Sue has a recognized gain of $ - Therefore, the basis of the new property is $