During 2023, David and Jane, a married couple, decided to sell their residence. They purchased the home in 2012 for $225,000. They sold the house in May for $815,000. Broker's commissions and other selling expenses amounted to $30,000. The couple paid $5,000 to repaint the exterior just prior to the sale. The couple elects to use the $121 exclusion. What amount of gain must the couple recognize from the sale of the house on their 2023 tax return