Questions 2.9 are are related. X exchanged rental property worth $50,000 with an adjusted basis of $40,000 and no liabilities, for Ys rental property worth $90,000 which had an adjusted basis of $72,000 and which was subject to a mortgage of $65,000. Y also transferred to X$20,000 worth of stock in which Y had an adjusted basis of $13,000. What is the gain or loss realized for X? Blank 1 Bla Question 3 Xexchanged rental property worth $50,000 with an adjusted basis of $40,000 and no liabilities, for Y 's rental property worth $90,000 Which had an adjusted basis of $72,000 and which was subject to a mortgage of $65,000. Y also transferred to X$20,000 worth of stock in which Y had an adjusted basis of $13,000. What is the gain or loss realized for Y Blank 1