15 Under an installment sale, Seller sells his commercial Realty in December 1st for $1,000,000 and accepts down payment $200,000 and a 15 year mortgage at 5 interest rate At the time of sale, the adjusted basis was $ 300,000 and a mortgage balance of $ 100,000 with a lending Institution This mortgage is paid off at closing Buyer signs a promissory note for the balance of $800,000 All monthly installments were paid accordingly during coming year The net cash flow upon sale of property was $1,000,000 The net cash flow upon sale of property was $800,000 The net cash flow upon sale of property was $200,000 The net cash flow upon sale of property was $100,000 15 Under an installment sale, Seller sells his commercial Realty in December 11t for $1,000,000 and accepts down payment $200,000 and a 15 year mortgage at 5 interest rate At the time of sale, the adjusted basis was $300,000 and a mortgage balance of $100,000 with a lending institution This mortgage is paid off at closing Buyer signs a promissory note for the balance of $800,000 All monthly installments were paid accordingly during coming year a The net cash flow upon sale of property was $1,000,000 b The net cash flow upon sale of property was $800,000 c The net cash flow upon sale of property was $200,000 d The net cash flow upon sale of property was $100,000

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15. Under an installment sale, Seller sells his commercial Realty in December 1st for $1,000,000 and accepts down payment $200,000 and a 15 year mortgage

15. Under an installment sale, Seller sells his commercial Realty in December 1st for $1,000,000 and accepts down payment $200,000 and a 15 year mortgage at 5% interest rate. At the time of sale, the adjusted basis was $ 300,000 and a mortgage balance of $ 100,000 with a lending Institution. This mortgage is paid off at closing. Buyer signs a promissory note for the balance of $800,000. All monthly installments were paid accordingly during coming year.

The net cash flow upon sale of property was $1,000,000
The net cash flow upon sale of property was $800,000
The net cash flow upon sale of property was $200,000
The net cash flow upon sale of property was $100,000

15. Under an installment sale, Seller sells his commercial Realty in December 11t for $1,000,000 and accepts down payment $200,000 and a 15 year mortgage at 5% interest rate. At the time of sale, the adjusted basis was $300,000 and a mortgage balance of $100,000 with a lending institution. This mortgage is paid off at closing. Buyer signs a promissory note for the balance of $800,000. All monthly installments were paid accordingly during coming year. a. The net cash flow upon sale of property was $1,000,000 b. The net cash flow upon sale of property was $800,000 c. The net cash flow upon sale of property was $200,000 d. The net cash flow upon sale of property was $100,000