Tex is a rancher. This year her herd of cattle was infested with hoof-and-mouth disease and had to be destroyed. Tex’s insurance policy reimburses her for an amount in excess of the tax basis in the cattle, thereby creating an “insurance gain.” After receiving the insurance proceeds, Tex buys a new herd of cattle. Can Tex defer the recognition of this insurance gain on the destroyed herd? In answering this case, use an online tax service with only the Internal Revenue Code database selected. State your keywords and which online tax service you used to arrive at your answer.