Question: ! Required Information Problem 1 4 - 4 3 ( LO 1 4 - 2 ) ( Statlc ) [ The following Information applies to
Required Information
Problem LO Statlc
The following Information applies to the questions displayed below.
Sarah SIngle purchased a home on January for $ She eventually sold the home for $ What amount of the $ gain on the sale does Sarah recognize in each of the following alternative sltuations? Assume accumulated depreciation on the home is $ at the time of the sale.
Note: Leave no answer blank. Enter zero If applicable.
Problem Part d Static
d Sarah used the home as a vacation home from January through December She used the home as her princlpal residence from January until she sold it on January
Note: Round Intermedlate percentage computation to declmal places. Round your flnal answer to the nearest whole dollar amount.
Required Information
Problem LO Statlc
The following Information applles to the questlons displayed below.
Sarah sIngle purchased a home on January for $ She eventually sold the home for $ What amount of the $ gain on the sale does Sarah recognize in each of the following alternative situations? Assume accumulated depreciation on the home is $ at the time of the sale.
Note: Leave no answer blank. Enter zero If applicable.
Problem Part b Static
b Sarah used the property as a vacation home through December She then used the home as her principal residence from January until she sold It on January
Note: Round Intermedlate percentage computation to mathbf declmal places. Round your flnal answer to the nearest whole dollar amount.
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