In 2019, Clem and Chloe, a married couple, sold their principal residence that they have owned and occupied for the past twenty years. The adjusted basis for the residence is $324,000. How much gain must they recognize if the residence was sold for $904,000? a) $580,000. Ob) $500,000. Oc) $330,000. Od) $80,000 Oe) $0