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Billy sold his warehouse to an interest buyer. bill received 350,000 in cash and the buyer took over his mortgage on his warehouse for $98,650.
Billy sold his warehouse to an interest buyer. bill received 350,000 in cash and the buyer took over his mortgage on his warehouse for $98,650. Billy also paid a comission of 10,250 on the transaction. what is billys amount realized in the transaction?
A. 350,000
B. 339,750
C. 448,650
D. 0
E. 438,400
please help me answer this asap.
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