Please complete all of the requirements.

Consider the following like-kind exchanges Click the icon to view the like-kind exchanges.) Requirement Determine the realized gain or loss, the recognized gain or loss, and the basis of the land received for each like-kind exchange 1 (Enter a loss with a minus sign or parentheses. Complete all input fields. Enter a "O" for any zero balances.) Basis of Land FMV of FMV of Realized Recognized Basis of Land Exchanged Boot Received Land Received Gain (Loss) Received $ 35,000 $ 0 $ 60,000 Gain (LOS) Enter any number in the edit fields and then click Check Answer 4 parts remaining Clear All Check Answer pach like-kind Consider the following like-kind exchanges: (Click the icon Data Table Requirement Determine the realiz exchange Basis of Land (Enter a loss with a Exchanged Basis of Land $ 35,000 Exchanged 15,000 $ 35,000 90,000 80,000 40,000 FMV of Boot Received FMV of Land Received pos.) S 0 Basis of Land Received 40,000 18,000 10,000 33,000 $ 60,000 105,000 95,000 65,000 25,000 Print Done Enter any number Clear All Check Answer 4 parts remaining