During $2022,$ Christian and Danielle, a married couple, decided to sell their residence, which had a basis of $$2000\mathrm{.}000.$ Ther, had owned and occupied the residence for $20$ years. To make it more attractive to prospective buyers, they had the inside painted in April at a cost of $$5,000$ and paid for the work immediately. They sold the house in May for $$800,000.$ Broker s commlistions and other selling expenses amounted to $$50,000.$ The? ple purchased a new residence in July for $$400,000.$ What is the recognich

$$100,000$ and $$600,000.$

$$550,000$ and $$800,000.$

$$45,000$ and $$400,000.$

$$50,000$ and $$400,000.$