Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $465,000. 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 $907,500. (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 b. Assume the original facts, except that Steve and Stephanie live in the home until January 1 of year when they purchase an home and rent out the original home. They finally sell the original home on June 30 of year 5 for $907500, ignoring anys relating to depreciation taken on the home while it is being rented, what amount of realized gain on the sale of the home are the required to include in taxable income? Recognized gain c. Assume the same facts as in part (b), except that the Pratts live in the home until January of year when they purchase a new home and rent out the first home. What amount of realized gain on the sale of the home will the Proti include in taxable income they sell the first home on June 30 of year 5 for $9075007 Rucognized gain d. Assume the original facts, except that Stephanie moves in with Steve on March 1 of year 3 and the couple is married on March to year 4. Under state law, the couple jointly owns Steve's home beginning on the date they are married on December of year 3 Stephanie sells her home that she lived in before she moved in with Steve. She excludes the entire $192.500 gain on the sale on her individual year 3 tax retum. What amount of gain must the couple recogrlize on the sale in June of year 53