Larry Gaines, a single taxpayer, age 42, sells his personal residence on November 12, 2020, for $193,200. He lived in the house for 7 years. The expenses of the sale are $13,524, and he has made capital improvements of $5,796. Larry's cost basis in his residence is $112,056. On November 30, 2020, Larry purchases and occupies a new residence at a cost of $241,500. Calculate Larry's realized gain, recognized gain, and the adjusted basis of his new residence.