Required information Problem 14-39 (LO 14-2) (Algo) [The following information applies to the questions displayed below.] Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $535,000. They moved into the home on February 1 of year 1. They lived in the home as their primary residence until June 30 of year 5, when they sold the home for $902,500. (Leave no answer blank. Enter zero if applicable.) Problem 14-39 Part a (Algo) a. What amount of gain on the sale of the home are the Pratts required to include in taxable income? Recognized gain