Question $1$

The Jeffersons purchased a home in San Antonio for

$$122,150$ and moved into the home on May $1,2022.$

In March of $2023,$ George accepted a work

opportunity with a different employer located in

Dallas. On April $1,2023,$ the Jeffersons sold their

home for $$374,790$ and permanently relocated to

Dallas

How much of the realized gain on their home sale

would the Jeffersons recognize?

$23,473$ margin of error $\frac{+}{-}2$