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Steve Pratt, who is single, purchased a home in Spokane, Washington, for $525,000. he moved into the home on February 1 year 1. he lived

Steve Pratt, who is single, purchased a home in Spokane, Washington, for $525,000. he moved into the home on February 1 year 1. he lived in the home as his primary residence until June 30 of year 5, when he sold the home for $855,000. (leave no answer blank. enter zero if applicable. )

a) what amount of gain will Steve be required to recognize on the sale of the home?

recognized gain on sale

can you help me please can you type it out

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