Wesley Inc. enters into an exchange in which it gives up its warehouse on 10 acres of land and receives a tract of land. A summary of the exchange is as follows: Transferred Warehouse Land Mortgage on warehouse Cash FMV Original Accumulated Lasis Depreciation $517,500$ 263,000$52,000 88,000 88,000 33.750 29,000 29.000 Wesley Inc. enters into an exchange in which it gives up its warehouse on 10 acres of land and receives a tract of land. A summary of the exchange is as follows: Transferred Warehouse Land Mortgage on warehouse Cash FMV Original Accumulated Lasis Depreciation $517,500$ 263,000$52,000 88,000 88,000 33.750 29,000 29.000