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Jasmine sold a rental property for $ 6 7 5 , 0 0 0 in the current year. She had initially purchased the property for

Jasmine sold a rental property for $675,000 in the current year. She had initially purchased the property for $500,000. Jasmine replaced the roof two years ago for $35,000 and remodeled the kitchen last year for $25,000. Before listing the rental property for sale, Jasmine had the inside painted for $500 and the fence repaired for $800. As of the date of the sale, accumulated depreciation was $63,500. What is Jasmines adjusted basis in the rental property?
$496,500
$497,800
$500,000
$561,300

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