On October 29, 2013, Miss Joan Seely (SSN 123-45-6789) sells herprincipal residence for $150,000 cash. she purchased the residenceon May 12, 2004, for $85,000. She spent $12,000 for captitalimprovements in 2004. To help sell the house, she pays $300 forminor repairs. The Realtor's commission amounts for $7,500. Her oldresidence is never rented out or used for business. Complete theworksheet on page 12-24 for Miss Seely for 2013.