Alyssas personal residence (adjusted basis of $100,000) was condemned, and she received a condemnation award of $80,000. Alyssa used the condemnation proceeds to purchase a new residence for $90,000. What is Alyssa's recognized gain or loss and her basis in the new residence?

	a.	$0; $70,000.
	b.	$0; $90,000.
	c.	($20,000); $90,000.
	d.	($20,000); $70,000.