What country intends to be the first to use Project Loon to provide universal Internet access?

An offer is the right but not the obligation to buy or sell foreign currency

Indicate whether the statement is true or false

Tony and Faith sell their home for $495,000, incurring selling expenses of $25,000 . They purchased the residence for $85,000 and made capital improvements totaling $20,000 during the 20 years they lived there. What is their realized gain and recognized gain on the sale?

Realized Recognized a. $365,000 $-0- b. $365,000 $115,000 c. $385,000 $135,000 d. $385,000 $-0- e. $390,000 $-0-