Arnold, who is single, sold his principal residence on April 10, 2018, and excluded the realized gain under 121 (exclusion on the sale of a principal residence). On April 12, 2018, he purchased another principal residence, which he sells on January 12, 2019, for a realized gain of $80,000. Based on each selling reason listed below, indicate if Arnold can exclude the January 2019 $80,000 realized gain by selecting "No, may not exclude" or "Yes, can exclude" and enter the amount of recognized gain for each. If an amount is zero, enter "0". Do not round intermediate calculations.

a. His noisy neighbors? No, may not exclude $-_______ Amount of recognized gain____________$

b. A job transfer to another city? Yes, can exclude $______________ Amount of recognized gain___________ $