24. Acclaim LLC owns a residential apartment complex. During 2020, Acclaim constructed a new roof on the building. The roofing materials cost of $150,000 and labor cost $310,000. In addition, Acclaim hired an outside consultant to consider what type of roofing materials should be used on the project. Since the roof was energy efficient, Acclaim received a rebate against the cost of materials of $30,000 from a local utility. In addition, Acclaim paid $18,000 in sales tax on roofing materials and a $5,000 delivery charge to get the materials on site. What is Acclaims tax basis in the roof?

___________________________________