Sarah exchanges a building and land (used in her business) for Tyler's land and building and some equipment (used in his business). The assets have the following characteristics: Adjusted Basis Sarah's real property Tyler's real property Equipment Fair Market Value $300,000 220,000 80,000 $120,000 60,000 50,000 a. Sarah's recognized gain180,000 Her adjusted basis in the land and building she acquired from Tyler is and her adjusted basis in the equipment is $ b. Tyler's recognized is $ and his adjusted basis in the land and building he acquired from Sa gain loss