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Holiday exchanged an office building used in its business for a different office building

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Holiday exchanged an office building used in its business for a different office building. Holiday originally purchased the building for $80,000 and it had an adjusted basis of $53,000 at the time of the exchange. The office building had a fair market value of $62,000. Holiday also received $7,000 of cash in the transaction. 

Realized Gain/Loss?

Recognized Gain/Loss?

Basis in New Asset?