Reid had a business building destroyed in a fire. The old building was purchased for $375, 900 and $58, 200 of depreciation deductions had been taken. Although the old building had a fair market value of $424, 910 at the time of the fire, his insurance proceeds were limited to $398, 200. Reid found qualified replacement property which he acquired six months later for $389, 100. What is the amount of Reid's realized gain and recognized gain