Question: eBookPrint Item Question Content Area Exercise 15-23 (Algorithmic) (LO. 4) Constanza, who is single, sells her current personal residence (adjusted basis of $217,500) for $609,000.

eBookPrint Item Question Content Area Exercise 15-23 (Algorithmic) (LO. 4) Constanza, who is single, sells her current personal residence (adjusted basis of $217,500) for $609,000. She has owned and lived in the house for 30 years. Her selling expenses are $30,450. What is Constanza's realized and recognized gain? Constanza's realized gain is $fill in the blank 1 and her recognized gain would be $fill in the blank 2

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