Select the answer that correctly describes how to calculate the seller's basis in repossessed qualified real property. Total sale price + costs of repossession + recognized gain on the repossession. Adjusted basis in the installment obligation + costs of repossession - recognized gain on the repossession. Total sale price - costs of repossession - recognized gain on the repossession. Adjusted basis in the installment obligation + costs of repossession + recognized gain on the repossession