The Nelsons purchased a new residence in 2006 for \($300,000\) from David who owned and used the residence as rental property. When the Nelsons wanted to purchase the property, it was being rented to tenants who had four months remaining on their lease. The Nelsons paid the tenants \($1,000\) to relinquish the lease and vacate the property. In 2010, they added a family room to the house at a cost of \($79,200.\) In 2012, they suffered hail damage to the roof and received \($7,000\) from the insurance company. They did not repair the damaged roof, and no casualty loss deduction was allowed. What is their adjusted basis for the house today?