please answer both parts:)

Shara exchanges her goat farm (Basis: $200,000) for a cat farm (FMV: $300,000). The goat farm has a mortgage of $50,000 and the cat farm has one of $40,000. Both parties assume the mortgages of the farms. What is Shara's recognized gain, if any, from the exchange? Enter a value Question 5 2 pts From the previous question, what is Shara's basis in her newly acquired cat farm