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Emma Sold Her Home for $60,000 Cash and the Buyer's

Question 4

Multiple Choice

Emma sold her home for $60,000 cash and the buyer's assumption of her mortgage of $210,000.Emma paid closing costs of $2,900 and a broker's commission of $13,000.What is the amount Emma realized on the sale?


A) $17,100
B) $20,000
C) $254,100
D) $257,000

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