Kevin owns a track of land which he has farmed for many years. THe land has an adjusted gross basis of $300,000 and a value of $1,000,000. Kevin exchanges the land for improved commercial real estate owned by Ashley. KEvin intends to conduct a farm implement business on the property. Assume kevins land is worth only $900,000. HE exchanges the land and a piece of business equipment worth $100,000 in which he has an adjusted basis of $125,000 for ashleys commercial real estate worth $1,000,000 what are the tax consequences to kewvin