Mr. and Mrs. Frazier purchased their principal residence in 1996 for $1,220,000. This was their only principal residence until they sold it for $1,960,000 in 2020. How much gain from the sale must they recognize on their joint 2020 tax return

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation