Daniela Fletcher owns undeveloped land (adjusted basis of $80,000 and fair market value of $92,000) on the East Coast. On January 4, 2020, she exchanges it with Lisa Martin (an unrelated party) for undeveloped land on the West Coast and $3,000 cash. Lisa has an adjusted basis of $72,000 for her land, and its fair market value is $89,000. Because the real estate market on the East Coast is thriving, on September 1, 2021, Lisa sells the land she acquired for $120,000. a. On January 4, 2017, Tanya's realized gain for the West Coast land is $ her adjusted basis is$, her recognized gain is $ X
b. On January 4, 2017, Martin's realized gain for the East Coast land is $ adjusted basis is $
c. Martin's realized gain from the September 1, 2018, sale is .His recognized gain from the September 1, 2018 sale is $