Mr. and Mrs. Rusbarsky purchased a residence on June 12, 2020, for ($200,000.) On March 12, 2023,

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Mr. and Mrs. Rusbarsky purchased a residence on June 12, 2020, for $$200,000.$ On March 12, 2023, they sell the residence for $$300,000,$ and selling expenses amount to $$11,000.$ They purchase another house in a new subdivision for $$275,000.$ Determine the gain realized and recognized.

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