Potter, who is 48 years old, sold his principal residence this year for $350,000. He had purchased the residence six years ago for $200,000 and has lived in it since them except for six months last year when he was in a rehabilitation center after a car accident. He paid a realtors commission of $15,000. He has not bought a new home by the end of the tax year and does not plan to do so soon. What amount of gain is recognized from the sale of the former residence on Potter's tax return?

Group of answer choices

$ 0

$135,000

$150,000

$350,000