Iliot Mess exchanged a 12-unit apartment complex with Alfred Cappy for a 100 -space mini-warehouse property. Elliot was also required to pay cash of $200,000. he transaction is summarized as follows: Determine the following for Elliot and Alfred, respectively: Elliot \begin{tabular}{l|l|l|} \hline Gain or loss realized & 5 \\ \hline Gain or loss recognized & 5 \\ \hline Basis in property received & 5 \\ \hline Alfred & \\ Gain or loss realized & 5 \\ Gain or loss recognized & 5 \\ Basis in property received & 5 \\ \hline \end{tabular} Tesla, Cost = Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 \begin{tabular}{|r|r|} \hline$125,000 & 100 percent business \\ \hline$25,000 & $18,000 \\ \hline$40,000 & $18,000 \\ \hline$24,000 & $10,800 \\ \hline$14,450 & $6,460 \\ \hline$14,450 & $6,460 \\ \hline$7,225 & $6,460 \\ & $6,460 \\ & $6,460 \\ & $6,460 \\ & $6,460 \\ & $6,460 \\ & $6,460 \\ & $6,460 \\ & $6,460 \\ \hline & $6,460 \\ \hline & $80 \\ \hline & 0 \\ \hline 125,000 \\ \hline \end{tabular}