Oisha gave a parcel of realty to Julie valued at $201,250 (Oisha purchased the property five years ago for $84,500). a. Compute the amount of the taxable gift on the transfer, if any. b. Suppose several years later Julie sold the property for $208,650. What is the amount of her gain or loss, if any, on the sale? > Answer is complete but not entirely correct. a. Amount of taxable gift $ 186,250 b. Amount of gain $ 124,150