(I finished q1)do not chang it please because the answer correct. i just need you to do for me q 2,3,4,5all please

Like kind problem:Assume the properties described are raw land and eligible for LKE

1.The taxpayer owns Green acre.Basis is $100and FMV is $150.Taxpayer exchanges with unrelated buyer for Buyer Property called Black acre. Black acre is worth $175.Consequently, Taxpayer needs to also bring $25Cash to equalized Fair market values.

a.What is Taxpayer's realized gain?

150-100=50

b.What is Taxpayer's recognized gain?

0

c.What is Taxpayer's basis in Black acre after the transaction?

100+0+25=125

d.What is Taxpayer's deferred gain?

50-0=50

1.Same facts as 1.But instead of using Cash of $25,Taxpayer exchanges a marketable security worth $25and a basis of $15.All other facts are the same.

a.What is Taxpayer's realized gain?

b.What is Taxpayer's recognized gain?

c.What is Taxpayer's basis in Black acre after the transaction?

d.What is Taxpayer's deferred gain?

2.Taxpayer owns Green acre.Basis is $100and FMV is $150.Taxpayer exchanges with unrelated buyer for Buyer Property called Black acre. Black acre is worth $125.Consequently, Buyer needs to also bring $25Cash to equalized Fair market values.

a.What is Taxpayer's realized gain?

b.What is Taxpayer's recognized gain?

c.What is Taxpayer's basis in Black acre after the transaction?

d.What is Taxpayer's deferred gain?

3.Taxpayer owns Green acre.Basis is $100and FMV is $150.Green acre has as an assumable mortgage of $60.Taxpayer exchanges with unrelated buyer for Buyer Property called Black acre. Black acre is worth $175.Buyer will assume the mortgage on Green acre.Consequently, Taxpayer needs to also bring $85Cash to equalized Fair market values.

a.What is Taxpayer's realized gain?

b.What is Taxpayer's recognized gain?

c.What is Taxpayer's basis in Black acre after the transaction?

d.What is Taxpayer's deferred gain?

4.Taxpayer owns Green acre.Basis is $100and FMV is $150.Green acre has as an assumable mortgage of $60.Taxpayer exchanges with unrelated buyer for Buyer Property called Black acre. Black acre is worth $90.Buyer will assume the mortgage on Green acre.Thus, the values are equal.

a.What is Taxpayer's realized gain?

b.What is Taxpayer's recognized gain?

c.What is Taxpayer's basis in Black acre after the transaction?

d.What is Taxpayer's deferred gain?

(I finished q1)do not chang it please because the answer correct. i just need you to do for me q 2,3,4,5all please