Pam owns a personal use boat that has a fair market value of $35,000 and an adjusted basis of $45,000. Pam's AGI is $100,000. The boat is disposed of under the following independent scenarios:

If an amount is zero, enter "0".

a. Pam sells the boat for $35,000. The realized SelectlossgainCorrect 1 of Item 1 is $ and the recognized SelectlossgainCorrect 3 of Item 1 is $.

b. Pam exchanges the boat for another boat worth $35,000. The realized SelectlossgainCorrect 1 of Item 2 is $ and the recognized SelectlossgainCorrect 3 of Item 2 is $.

c. The boat is stolen and Pam receives insurance proceeds of $35,000. Pam's realized SelectlossgainCorrect 1 of Item 3 is $ and her recognized SelectlossgainCorrect 3 of Item 3 is $.

d. The fair market value and the selling price of the boat were $48,000. Pam's realized SelectlossgainCorrect 1 of Item 4 is $ and her recognized SelectlossgainCorrect 3 of Item 4 is $.