5 0 Required information t 1 of 4 The following information applies to the questions displayed below. Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $400,000. They moved into the home on Februory 1 of year 1. They lived in the home as their primary residence until November 1 of year 1, when they sold the home for $500,000. The Pratts' marginal ordinary tax rate is 35 percent. (Leave no answer blank. Enter zero if applicable.) elook Required: Prit a-1. ssume that the Pratts sold their home and moved because they didn't like their neighbors. How much gain will the Pratts recognize on their home sale? a-2. At what rate, if any, will the gain be taxed? Complete this question by entering your answers in the tabs below Reg al Re Assume that the Prats sold their home and moved because they didn't like their neighbors, How much gain will the Pratts recognize on their home sale? Req a2 > 5 0 Required information The following information applies to the questions displayed below rt 1 of 4 Stev and Stephanie Pratt purchased a home in Spokane, Washington, for $400,000. They moved into the home on February 1 of year 1. They lived in the home as their primary residence until November 1 of year 1, when they sold the home for $500,000. The Pratts' marginal ordinary tax rate is 35 percent. (Leave no answer blank. Enter zero if applicable.) elook Required: Print a-1. ssume that the Pratts sold their home and moved because they didn't like their neighbors. How much gain will the Pratts recognize on their home sale? a-2. At what rate, if any, will the gain be taxed? Complete this question by entering your answers in the tabs below Rea al Rec a2 At what rate, if any, will the gain be taxed? 6 0 Required information (The following information applies to the questions displayed below Part 2 of 4 Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $400000. They moved into the home on February 1 of year 1. They lived in the home as ther primary residence until November 1 of year 1 when they sold the home for $500,000. The Pratts' marginal ordinary tax rate is 35 percent. (Leave no answer blank. Enter zero if applicable) b. Assume the Pratts sell the home because Stephanie's employer transfers her to an office in Utah. How much gain will the Pratts recognize on their home sale? Required information Part 3 of 4 The following information applies to the questions displayed below. Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $400,000. They moved into the home on February 1 of year 1. They lived in the home as their primary residence until November 1 of year 1, when they sold the home for $500,000. The Pratts' marginal ordinary tax rate is 35 percent. (Leave no answer blank. Enter zero if applicable.) C. Assume the same facts as in part (b), except that the Pratts sell their home for $700,.000. How much gain will the Pratts recognize on the home sale? (Do not round intermediate calculations.) 8 0 Required information The following information applies to the questions displayed below) Part 4 of 4 Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $400,000. They moved into the home on February 1 of year 1. They lived in the home as their primary residence until November 1 of year 1, when they sold the home for $500000. The Pratts' marginal ordinary tax rate is 35 percent. (Leave no answer blank. Enter zero if applicable.) eBook d. Assume the same facts as part (b), except that on December 1 of year O the Pratts sold their home in Seattle and excluded the 300,000 gain from income on their year O tax return. How much gain will the Pratts recognize on the sale of their Spokane home