owns a building used in his business with an adjusted basis of $ 400 comma 000 and a $ 900 comma 000 FMV. He exchanges the building for a building owned by Dave. Dave's building has a $ 1 comma 050 comma 000 FMV but is subject to a $ 150 comma 000 liability. Peter assumes Dave's liability and uses the building in his business. Read the requirements.LOADING... Question content area bottom Part 1 Requirement a. What is Peter's realized gain? The realized gain is Part 2 Requirement b. What is Peter's recognized gain? (If there is no recognized gain, make sure to enter "0" in the appropriate input field.) The recognized gain is Part 3 Requirement c. What is Peter's basis for the building received? Peter's basis for the building received is