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Daniel, who is single, purchased a house on May 1 5 , 1 9 9 8 , for $ 1 1 6 , 0 0

Daniel, who is single, purchased a house on May 15,1998, for $116,000. During the years he owned the house, he installed a swimming pool at a cost of $24,500 and replaced the driveway at a cost of $12,250. On April 28,2021, Daniel sold the house for $471,500. He paid a realtor commission of $28,350 and legal fees of $1,050 connected with the sale of the house. What is Daniels recognized gain on the sale of the house?

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