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Mandy and Timothy exchange real property in a like-kind exchange. Mandy receives real property with a fair market value of $124,800 and transfers real property

Mandy and Timothy exchange real property in a like-kind exchange. Mandy receives real property with a fair market value of $124,800 and transfers real property worth $87,360 (adjusted basis of $61,152) and cash of $37,440. If an amount is zero, enter "0".

Mandy's realized gain is $__________ and her recognized gain is $_____________.

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