Beaver corporation owns a parcel of land with a fair market value (fmv) of $75,000 and a basis of $40,000. beaver exchanges the land for a building with an fmv of $65,000. the corporation also receives $10,000 in cash. both proper-ties are investment properties for beaver.

a. what is beaver’s amount realized on the exchange?
b. what is beaver’s realized gain or loss on the exchange?
c. how much of the realized gain or loss must beaver recognize?
d. what is the character of the recognized gain or loss?
e. what is beaver’s basis in the building it acquired?

answer; /// the above statement is (true);

what are the sentences? so we can answer the question.

it should be

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i don't know if this is exactly what your looking for but i hope this !