Required information

Problem $14-43($LO $14-2)($Static$)$

$[$The following information applies to the questions displayed below.$]$

Sarah $($single$)$ purchased a home on January $1,2008,$ for $$600,000.$ She eventually sold the home for $$800,000.$ What amount of the $$200,000$ gain on the sale does Sarah recognize in each of the following alternative situations? $($Assume accumulated depreciation on the home is $$0$ at the time of the sale.$)$

Note: Leave no answer blank. Enter zero if applicable.

roblem $14-43$ Part c $($Static$)$

Sarah used the home as a vacation home from January $1,2008,$ until January $1,2024.$ She used the home as her principal residence m January $1,2024,$ until she sold it on January $1,2025.$

Gain recognized