jacob lived in his house as his house as his primary residencefrom 2018,when purchased for 175,000.the assessment at that time showed the land value 15,000. he made no improvements while he lived there,and in 2021 he converted the proprty to rental use. in early 2022 he spent 15,000 on a kitchen renovation before selling it in december of 2022. what is jacobs adjusted basis in the house before any allowable depreciation when he sold it?

160,000

173717

175000

190000