Troy $($single$)$ purchased a home in Hopkinton, Massachusetts, on January $1,2007,$ for $$275,000.$ He sold the home on January $1,2020,$ for $$295,500.$ How much gain must Troy recognize on his home sale in each of the following alternative situations? $($Leave no answer blank. Enter zero If applicable.$)$

b$.$ Troy lived in the home as his principal residence from January $1,2007,$ through December $31,2015.$ He rented out the home from January $1,2016,$ through the date of the sale. Assume accumulated depreclation on the home at the time of sale was $$6,600.$

Recognized gain