Question: answer requirements please Wave Corporation owns a computer with a $35,000 adjusted basis. The computer is used in the company's trade or business. Read the

answer requirements please answer requirements please Wave Corporation owns a computer with a $35,000

Wave Corporation owns a computer with a $35,000 adjusted basis. The computer is used in the company's trade or business. Read the requirement. a. Wave Corporation's realized gain or (loss) is Wave Corporation's recognized gain or (loss) is What is the realized and recognized gain or loss for each of the following independent transactions where the computer is exchanged for? a. A used computer with a $83,000 FMV plus $24,000 cash. b. A used computer with a $17,000 FMV plus $11,000 cash. c. Marketable securities with a $85,000FMV. (Enter a loss with a minus sign or parentheses. Complete all input fields. Enter a "0" for any zero balances.)

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