Lee Simpson sold the building in which she operated her business. Lee had acquired the property many years ago for $180,000 and over this period had made major improvements costing $210,000. Lee had claimed $$70,000 in straight-line depreciation at the time of the sale. The selling expenses paid by Lee amounted to $35,000. Jason purchased the property by (1) giving Lee $190,000 in cash; (2) giving Lee unlike property with a FMV of $170,000; (3) assuming Lees mortgage on the property of $160,000; and (4) paying a delinquent real estate tax bill on the property of $65,000. What is Lees realized amount? What was Lees Adjusted Basis? What is Lees gain on the sale?