Company b and firm w exchanged the following business real estate: blackacre (exchanged by b) whiteacre (exchanged by w) fmv $ 439,000 $ 592,000 mortgage (109,750 ) (262,750 ) equity $ 329,250 $ 329,250 if b’s adjusted basis in blackacre was $263,400, compute b’s realized gain, recognized gain, and basis in whiteacre. if w's adjusted basis in whiteacre was $118,400, compute w’s realized gain, recognized gain, and basis in blackacre.

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units