Problem 14-36 (Algorithmic) (LO. 1, 2) Yancy's personal residence is condemned as part of an urban renewal project. His adjusted basis for the residence is $340,600. He receives condemnation proceeds of $323,570 and invests the proceeds in stocks and bonds. If an amount is zero, enter"0". a. Calculate Yancy's realized and recognized gain or loss. Yancy's realized is s and Yancy's recognized is s b. If the condemnation proceeds are $355,927, what are Yancy's realized and recognized gain or loss? Yancy's realized is s and Yancy's recognized is s c. Assume the house is rental property. Yancy's adjusted basis is $340,500 and he receives condemnation proceeds of $323,570 and invests the proceeds in stock. What are Yancy's realized and recognized gain or loss? Yancy's realized is $ and Yancy's recognized is s