Ms. Jennie Smith owns a house in Ottawa. She purchased the house in 2004 for $110000. In June 2019, she sold the house for $235000 and designated the house as a principal residence for 3 years. Determine the minimum taxable capital gain that she must report on the 2019 sale of the house, after considering the principal residence exemption.

answer is 46875.. how? please help i will tive thumbs up