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Salvador and Jenna Porter purchased a home in Kenosha, Wisconsin, for $400,000. They moved into the home on February 1 of year 1 . They lived in the home as their primary residence until November 1 of year 1 , when they sold the home for $500,000. The Porters' marginal ordinary tax rate is 35 percent. Note: Leave no answer blank. Enter zero if applicable. d. Assume the same facts as part (b), except that on December 1 of year 0 the Porters sold their home in Kenosha and excluded the $300,000 gain from income on their year 0 tax return. How much gain will the Porters recognize on the sale of their Kenosha home? Answer is complete but not entirely correct