Jack purchased a new rental property for $130,000. When he purchased it he had to repair several fixtures in the property costing him $2,000. He also redid the landscaping and sprinkling system, which cost an additional $5,000. In the 5th year that he owned the property he had to replace the roof, which cost another $10,000. Each year Jack pays $650 for landscaping maintenance. He also spends about $500 per year replacing light bulbs, changing air filters, and fixing damaged items on the property. Jack has taken $6,700 of depreciation on the property. What is Jacks adjusted basis in the rental property?