Problem 13-69 (Algorithmic) (L0.6) Sarah exchanges a building and land (used in her business) for Tyler's land and building and some equipment (used in this business. The assets have the following characteristics: Adjusted Basis Fair Market Value Sarah's real property $10,320 $25,800 Tyler's real property 5,160 20,640 Equipment 4,644 7.740 a. What are Sarah's recognized gain or loss and basis for the land and bullding and equipment acquired from Tyler? Her recognized goin is X.Her adjusted basis in the land and building she acquired from Tier is 10,320 and her adjusted basis in the equipment is X Feedback b. What are Tyler's recognized gain or loss and basis for the land and building acquired from Sarah? Tyler's recognized gain Is and his adjusted basis in the land and building he acquired from Sarah is Feedback