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26. Arnold Atkins purchased a residence for $160,000 on September 26, 2017. In October 2018, he became ill and was confined to a nursing home.

26. Arnold Atkins purchased a residence for $160,000 on September 26, 2017. In October 2018, he became ill and was confined to a nursing home. On October 8, 2019, he sold the residence for $245,000. How much gain can Arnold exclude? ch

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