Problem 7-33 (b) (LO. 5) Determine the realized, recognized, and postponed gain or loss, as well as the new basis for each of the following qualified like-kind exchanges: If an amount is zero, enter "0". Adjusted Basis of old Asset Fair Market Value of New Asset Boot Given Boot Received a. $25,000 $0 $30,000 $9,000 5.000 b. 9,000 1,000 6,000 0 C. 72,000 18,000 55,000 8,000 d. 13,000 0 19,000 0 e. 45,000 0 0 57,000 12,000 f. 120,000 0 95,000 0 Adjusted Basis of old Asset Gain/Loss Realized Recognized Postponed New Basis a. $25,000 Gain $ $ $ b. $9,000 Loss $ $ $ $72,000 Loss $ $ $ $13,000 Gain $ $ $ $ $45,000 Gain $ $ $ $120,000 Loss $ $ $