A borrower bought a house for $250,000; he can obtain an 80% loan with a 30 -year fully amortizing, 6% interest rate and monthly payment. Assuming the marginal tax rate for the borrower is 25%. Maintain and insurance are currently $1,200 each per year, 5 elling cost is 6% of sale; property tax is 2% of the value each year, property value increases 5% per year. Assume that you will sell your home after one year, how much cash you will receive after pay off mortgage balance and'selling cost? 5492060 351.12071 538.75600 539,405.0