The Property Tax Year Runs from January 1 to December

Multiple Choice

The property tax year runs from January 1 to December 31. The taxes on a certain house are $1,440 this year, none of which has been paid. If the house sells, not in a leap year, and the closing date is June 12, the

A) buyer owes the seller $796.93.
B) buyer owes the seller $643.07.
C) seller owes the buyer $796.93.
D) seller owes the buyer $643.07.