Mrs. Gomez, a widow, paid $197,000 for her home 20 years ago. She recently sold this home and moved in with her son on a permanent basis. Assume the taxable year is 2021.

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'.)