Ok the information is there. For EACH exchange listed (there are five total) please figure out: 1. the realized gain or loss 2. the RECOGNIZED gain/loss 3. and basis of equipment recceived (which is column one)

Consider the following like-kind exchanges EE (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 equipment received for each like-kind exchange X r a "0" for any zero balances.) Data Table Recognized Gain (Loss) Basis of Equipment Received FMV of Equipment Received Basis of Equipment FMV of 0,000 $ 20,000 Exchanged $ 20,000 70,000 75,000 85,000 80,000 Boot Received 45,000 10,000 20,000 13,000 $ 50,000 120,000 80,000 75,000 40,000 Print Done Enter any number in the edit fields and then click Check