Eva and Lonnie sold their home for $455,750.00. Their loan balance is $257,250.00. They agreed to pay part of the buyer-Tracys closing cost of $8000.00. The annual taxes are $6348.00. The transfer fee is 1.0 mil. The termite inspection is $350.00. The commission is 6.0%. The title cost is $850 with a deed preparation of $250. The total closing cost for Tracy is $15,000.00. Closing Date April 2, 2019. Answer the questions (1-5) below:

1. What are the sellers total expenses?

2. What will the seller pay for the closing cost for the buyer?

3. What is the buyers expenses closing cost?

4. What part of the property taxes will the seller pay (Debited from the seller)

5. What is the net to the seller (What are the proceeds after the seller pays all their fees?)