In July, Lily gives Larry a house (basis of $200,000; fair market value of$650,000) to be used as his personal residence. Before his death 11 monthslater, Larry installs a tennis court in the backyard at a cost of $25,000. The residenceis worth $670,000 when Larry dies. Determine the income tax basis of the propertyto Lily, who received the house back under terms of Larry's will.