Begin by entering the (a.) realized gain on the sale of the residence in 20 b. Recognized Gain a. August 29, 2022 sale Realized Gain June 10, 2021 sale Enter the (c.) realized gain on the sale of the residence in 2022, and the C. d. Realized Gain Recognized Gain Information On June 10, 2021, they sold their principal residence for $360,000 and in $21,600 of selling expenses. The basis of the residence, acquired in 2005 $200,000. On June 25, 2021, they purchased a new principal residence for $530,00 occupied it immediately. On May 10, 2022, they purchase their neighbor's residence for $560,000 occupy the residence immediately. On August 29, 2022, they sell the residence purchased on June 25, 2021 $600,000. They pay $36,000 of selling expenses. Print Done