Use the following data to determine the sales price of Etta's principal residence and the realized gain. She is not married. The sale of the old residence qualifies for the § 121 exclusion.
Definitions:
Electrostatic Attractions
The force of attraction between particles with opposite charges, fundamental in chemical bonding and interactions.
Two Molecules
Refers to a pair of molecules, which could be identical or different, involved in a chemical process or reaction.
Sodium Chloride
A chemical compound commonly known as table salt, consisting of sodium and chlorine atoms, used extensively in food preparation and preservation.
Chloride Ion
A negatively charged ion (Cl-) that is an essential electrolyte found in all body fluids, important for maintaining fluid balance and electrical neutrality.
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