Anyone, please? Florida Broker Real Estate Exam practice question.

After reading this case study, answer the question:

A married couple is purchasing a home for $198,000 and gave the broker a $10,000 earnest money deposit. The buyers will finance the purchase with a new 80% loan-to-value mortgage loan.

The closing date is March 18, with the closing day charged to the buyer. Homeowners association dues are $325 monthly and were paid in advance by the seller. Property taxes are $2,416. Prorations should be made using the 365-day method.

The sellers will pay the 6% brokerage fee, the documentary stamp tax on the deed, and title insurance of $1,789. The buyers will pay the appropriate state taxes on the note and mortgage, $72 in recording fees, and for a survey costing $475.

How is the binder deposit shown on the Closing Disclosure?

1. $10,000 debit buyer, credit seller; page 3

2. $10,000 debit buyer only; page 3

3. $10,000 debit seller, credit buyer; page 3

4. $10,000 credit buyer only; page 3