Larry Gaines, a single taxpayer, age 42, sells his personal residence on November 12, 2019, for $284,400. He lived in the house for 7 years. The expenses of the sale are $19,908, and he has made...

Larry Gaines, a single taxpayer, age 42, sells his personal residence on November 12, 2019, for $284,400. He lived in the house for 7 years. The expenses of the sale are $19,908, and he has made capital improvements of $8,532. Larry's cost basis in his residence is $164,952. On November 30, 2019, Larry purchases and occupies a new residence at a cost of $355,500.

Calculate Larry's realized gain, recognized gain, and the adjusted basis of his new residence.

If an amount is zero, enter "0".