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Jerry and Tonya are married. They bought a house with $ 1 0 0 , 0 0 0 ten years ago and sold it for

Jerry and Tonya are married. They bought a house with $100,000 ten years ago and sold it for $550,000 today. They paid transaction costs of $20,000 when selling.
Their marginal income tax rate equals 32% and their marginal capital gain tax equals 20% this year.
The home sale tax exemption enables them to save $ _____ in tax payment.

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