Calculate (a) their realized gain on the sale of the residence

Calvin James and his wife, Carla sell their personal residence which they have occupied for three years on November 11th 2020 for a total sum of $800,000.  They made renovations in preparation for the sale in the amount of $25,000 and the costs of selling the house were $10,000. Their cost basis in the home was $250,000.  On November 30, they occupied a new home that they purchased for $350,000.      

Calculate (a) their realized gain on the sale of the residence

& (b) their adjusted basis in the new residence.

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