Reel Compration owns a compuler with a $$31,000$ affunted basis. The computer is used in the company$/$s trade or business.

a$.$ A used compuler wth a $$12,000$ tair market value $($ FMM $)$ phas $$26,000$ cash.

Reot Corporation's realined pain or flost$)*$

Reef Cerporation's recognlaed gain or $($loss$)=$

B$.$ A uned computer with a $$17\mathrm{.}000FMV$ plus $$4\mathrm{.}000$cash.

Reet Cerporation's reallied gain or $($lens$)=$

Reef Corporation's recognized gain or $($loss$)=$

c$.$ Markebable securbes with a $$00,000$ FMV$.$

Reef Corporntien's realized gnin or $($foss$)=$

Reef Corporation's recognised gain or $($loss$)=$