A seller agreed to sell her home for $155,000. The buyer paid a $5,000 deposit to his brokerage. The buyer will assume the existing mortgage on title, which has an outstanding balance of $71,000. Furthermore, the buyer will be granting a second mortgage to his father for $34,000. Taxes are unpaid and overdue in the amount of $1,095, with a further penalty owing of $105. Real estate commission is 6% of the sale price. Conveyancing fees for the transaction are $600. The adjustment, completion, and possession date is August 31. It is NOT a leap year and property transfer tax is payable in this transaction. Moreover, assume that the buyer is NOT a foreign entity for property transfer tax purposes. What is amount of the cash that the buyer will be required to provide on the completion date? Group of answer choices $52,519 $45,969 $47,516 $47,519