This year, Neil, Incorporated exchanged a business asset for an investment asset. Both assets had a $932,000 appraised FMV. Neils book basis in the business asset was $604,600, and its tax basis was $573,000. Three years after the exchange, Neil sold the investment asset for $1,000,000 cash.

Compute Neils book gain on sale assuming Neil acquired the investment asset in a nontaxable exchange.

I put in 395,400 and 327,400 and it said both were wrong.