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On August 8, 2014, Sam, single, age 62, sold(SP) for $210,000 his principal residence, which he has lived in for 10 years, and which and

On August 8, 2014, Sam, single, age 62, sold(SP) for $210,000 his principal residence, which he has lived in for 10 years, and which and an adjusted basis(AB) of $60,000. On November 1, 2014, he purchased a new residence for $80,000. For 2014, Sam should recognize a gain on the sale of his residence of ?

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