please answer both parts :). i will give thumbs up!

Franklin Corp's building was destroyed by a tornado on 6/1/2019. The basis of the building was $400,000 and the company received $475,000 in insurance proceeds later in the year. Franklin Corp purchased a new building on 10/1/2020 at a cost of $450,000. Assuming Franklin Corp would elect sec 1033 treatment, what is the recognized gain, if any, for Franklin Corp? Enter a value Question 9 2 pts From the previous question, what is Franklin Corp's basis in the new building