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Required information The following information applies to the questions displayed below) Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to

Required information The following information applies to the questions displayed below) Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $143,000. The appraised fair market value of the warehouse was $93,000, and the appraised value of the land was $146,250. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Part 1 of 3 eBook a. What is Bob's basis in the warehouse and in the land? Bob's Basis Warehouse Land

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