Consider the following like-kind exchanges: E: (Click the icon to view the like-kind exchanges.) Requirement Determine the realized gain or loss, the recognized gain or loss, and the basis of the land received for each like-kind exchange. (Enter a loss with a minus sign or parentheses. Complete all input fields. Enter a "0" for any zero balances.) Basis of Land FMV of FMV of Realized Recognized Exchanged Boot Received Land Received Gain (Loss) Gain (Loss) $ 60,000 $ 0 $ 75,000 Basis of Land Received * Data Table - X Basis of Land Exchanged FMV of Boot Received FMV of Land Received $ $ 60,000 35,000 75,000 65,000 45,000 0 10,000 33,000 45,000 40,000 $ 75,000 80,000 105,000 25,000 20,000 Print Done