Please bold answer in explanation

Required information Problem 10-45 (LO 10-1) (Algo) [The following information applies to the questions displayed below.] Wanting to finalize a sale before year-end, on December 29. WR Outfitters sold to Bob a warehouse and the land for $195.000. The appraised fair market value of the warehouse was $115.500, and the appraised value of the land was $130,500. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Problem 10-45 Part a (Algo) a. What is Bob's basis in the warehouse and in the land? Bob's Basis Warehouse Land Problem 10-45 Part b (Algo) b. What would be Bob's basis in the warehouse and in the land if the appraised value of the warehouse was $90,500, and the appraised value of the land was $195,000? Bob's Basis Warehouse Land