Enter the appropriate value to answer the question or solve the problem. Con Ma paid for the On March 5, 2020, Ellen inherited a vacation home from her mother with a fair market value of $168,000.00. Since the market was hot, she immediately listed it for sale April and sold it for $178,000.00. In addition, the purchaser entire years real estate taxes at closing equal to $4,200.00. The amount accrued as of the date of closing was $1,000.00. Ellen had committed to pay the real estate agent $12,000 but due to a dispute the parties agreed to allow Ellen to pay $7,000.00. What is Ellen's amount realized and what is her gain or loss? 178000