X exchanged rental property worth $40,000 with an adjusted basis of $25,000 and no liabilities, for Y's rental property worth $75,000 which had an adjusted basis of $57,000 and which was subject to a mortgage of $40,000. Y also transferred to X $5,000 worth of stock in which Y had an adjusted basis of $3,000 . a. What is the total gain realized (include like kind and gain on other property)? For x For y b. What amount of total gain each must recognize (include like kind and gain on other property)? For x_ For y C. What is X's basis in the new rental property? d. What is X's basis in the stock? E. What is Y's basis in the new property?