Question 7 (1 point) In which of the following situations, will gain from the sale of a residence by the owner be recognized in full or in part? PICK ALL THAT APPLY!! Tania, an unmarried person, sold her principal residence for $260,000 in 2020. She owned and occupied the residence since purchasing it for $165,000 in 2008. Bill, an unmarried person, sold a single family home for $260,000 in 2020. He purchased the house for $200,000 in 2019 and lived in the house part-time while renovating it before sale. Ted and Sophia, a married couple, sold their principal residence for $2,500,000 in 2020. They owned and occupied the residence since purchasing it for $1,200,000 in 2007. Charles and Celia, a married couple, sold their principal residence for $850,000 in 2020. They owned and occupied the residence since purchasing it for $400,000 in 2001