Use the following information to work Problems 10 and 11.

Cash-paying vultures pick bones of U.S. housing market as mortgages dry up New-home sales fell to an annual pace of 250,000 in February, an all-time low in records dating to 1963, the Commerce Department reported March 23. Existinghome sales dropped to a 4.88 million annualized pace in February, down 2.8 percent from a year earlier, the National Association of Realtors said, while the median price of existing homes fell to $156,100, the lowest since February 2002.