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Pria is selling a farm that she has owned for several years. She purchase the farm for $ 3 4 , 0 0 0 thirty
Pria is selling a farm that she has owned for several years. She purchase the farm for $ thirty years ago and is now selling it for $ During the time she owned the property she added an inground pool which cost $ and sold a small piece of the land for $ The real estate agent charges a commission of of the selling price. The fair market value on the date of purchase was $ and on the date of sale was $ How much gain or loss will she recognize on the sale? If the number is a loss, enter a negative sign in front of your answer.
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