Angelina gave a parcel of realty to Julie valued at $$133,750($Angelina purchased the property five years ago for $$57,500).$

Required:

a$.$ Compute the amount of the taxable gift on the transfer, if any.

b$.$ Suppose several years later Julie sold the property for $$139,350.$ What is the amount of her gain or loss, if any, on the sale?

a$.$ Amount of taxable gift

b$.$