What is Wesley's recognized gain if the selling price was $800,000?

Wesley, who is single, listed his personal residence with a real estate agent on March 3, 2015, at a price of $390,000. He rejected several offers in the $350,000 range during the summer. Finally, on August 16, 2015, he and the purchaser signed a contract to sell for S363,000. The sale (i.e., closing) took place on September 7, 2015. The closing statement showed the following disbursements: Wesley's adjusted basis for the house is S200,000. He owned and occupied the house for seven years. On October 1, 2015, Wesley purchases another residence for $325,000. If an amount is zero, enter "0". Wesley's recognized gain on the sale is S Wesley's adjusted basis for the new residence is $ Assume instead that the selling price is S800,000. Wesley's recognized gain is $ , and his adjusted basis for the new residence is S