Mrs. Gomez, a widow, paid $158,000 for her home 20 years ago. She recently sold this home and moved in with her son on a permanent basis. Required: Compute Mrs. Gomezs recognized gain or loss on the sale assuming that her amount realized was: (If the results of a transaction do not result in a gain or loss, select 'No gain/loss'.)

a. 151,000: ____________, $______________

b. 315,000: _____________$_______________

c. 473,000:_____________,$ ______________