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Assume that in the hypothetical closing, city taxes are assessed as well as county taxes. assume further that the annual calendar year city taxes are

Assume that in the hypothetical closing, city taxes are assessed as well as county taxes. assume further that the annual calendar year city taxes are in the amountof 3,014.40 and that this tax bill is not paid by the seller before the date of closing. how much cash will be paid by the buyer and how much cash will be due to the seller at closing

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