Question 31 of 35 . This year, Manuel purchased, and placed into service, a single-family rental house. He paid the following amounts to acquire his property: - $325,000 sales price (which included $20,000 for the land). - $4,200 for legal fees and recording costs (which includes $4,000 allocated to the building and $200 allocated to the land.) - $250 to have the property professionally cleaned before the house was placed into service. What is Manuel's basis for depreciation in the house? $305,000 $309,250 $329,000 $329,250 Mark for follow up