Mark wants to exchange an office building she currently owns for a new office building. Markoriginally purchased the current office building for $1,800,000. The new building Mark will receive in the exchange has a fair market value of $1,000,000 and the other party will also give Mark $200,000 cash. What is Mark's recognized gain or loss in the current year related to the exchange?

		$800,000 loss recognized
		No gain or loss recognized
		$600,000 loss recognized
		None of these answer are correct
		$200,000 gain recognized