Shantel owned and lived in a home for five years before marrying daron. shantel and daron lived in the home for two years before selling it at a $700,000 gain. shantel was the sole owner of the residence until it was sold. how much of the gain may shantel and daron exclude?
a. $0
b. $250,000
c. $500,000
d. $700,000

C)

Explanation:

$500,000

Shantel meets the ownership test and both shantel and Daron meet the use test requirement, the couple may exclude $500,000 of gain.

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the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.