Steve Jobs divorced his wife in 2017. In 2010, Steve Jobs and his wife purchased a home for $400,000. At the time of divorce, the home is worth $900,000. As part of the divorce, Steve Jobs receives the home. He sells the home in 2018 for $1,000,000. Is there a gain or loss on the sale of the property? A. Gain of $600,000 B. Gain of $100,000 C. Gain of $1,000,000 D. None of the above.