Henry and Wilma Taxpayers, married filing joint, purchased a three acre tract of land for $600,000 in a desirable location in 2002 intending to build their "dream castle". They hired an architect who produced several sets of drawing and building plans for $37,250. In order to help fund the building project they hired a surveyor and lawyer to subdivide the property into three separate lots (assume the lots have an equal fmv) at a cost of $14, 500. They sold the first lot for $251,900 in five months after they bought the property and the second lot for $264,300 fifteen months after the bought the property. In 2004 they constructed their "dream castle" on the lot they kept for $1.3 million.How much gain do they have upon the sale of the home?