Exercise 14-27 (Algorithmic) (LO.4) Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Peyton is to receive $2,914,400 in cash. The purchaser is to assume Peyton's mortgage of $1,748,640 on the property. To enable the purchaser to obtain adequate financing, Peyton is to pay the $34,973 in points charged by the lender. The broker's commission on the sale is $115,575. What is Peyton's amount realized? The amount realized by Peyton is s