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please type the answer, im having a hard time reading from writen answer 46. Herbert Harrison's business proper Justed basis of $170.000 is condemned by

please type the answer, im having a hard time reading from writen answer image text in transcribed
46. Herbert Harrison's business proper Justed basis of $170.000 is condemned by business property with an ties. He receives a $250,000 Herbert's realized and the local authorities. He receives a $2. condemnation award. a. What is Herbert's realized and recognized gain or loss? recognized gain or lo b. What is Herbert's realized and recognized gain or loss if he purchases qualified replacement property for $220,000? What is Herbert's basis in the new blood property? c. What is Herbert's realized and recognized gain or loss if he purchases replacement property for $280,000? What is Herbert's basis in the new property? to 000.d. What is Herbert's realized and O r ecognized gain or loss and the basis in W e got the new property if the condemnation award is $150,000 and the replacement 057 bis b property costs $220,000

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