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Sale of a Principal Residence (LO.9) Aretha sells her house on June 9, 2018, for $222,600 and pays commissions of $8,100 on the sale. She

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Sale of a Principal Residence (LO.9) Aretha sells her house on June 9, 2018, for $222,600 and pays commissions of $8,100 on the sale. She had purchased the house for $60,600 and made capital improvements costing $14,100 Determine Aretha's realized and recognized gains in each of the following cases If an amount is zero, enter "O". Round any division to three decimal places Recognized Gain Realized Gain 60,600 X 60,600x a. Aretha is single and acquired the house on September 15, 2010. b. Aretha is single and acquired the house on September 15, 2010. Aretha sells 60,600 X the house for $390,500 and pays commissions of $30,000 on the sale. C. Aretha is single and acquired the house on September 1, 2017, She sells the 60,600X 60,600) x house because her company transfers her to Phoenix , 2017, She moves to 60,600)x60,00x d. Aretha is single and acquired the house on September 1, 2017. She moves to Phoenix to enter medical school. Kp Check My Work Previous

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