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George and Grace married seven years ago. They have just separated. Using the following facts: (a) Calculate the net family property of each spouse. (b)

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George and Grace married seven years ago. They have just separated. Using the following facts: (a) Calculate the net family property of each spouse. (b) Calculate the equalization payment. and indicate who will be making it. George's nancial situation: At the date of the marriage He had $50,000 which he inherited from his mother He had a rental property worth $200,000, subject to a mortgage of $75,000 0 He had a stamp collection worth $10,000 During the marriage - He invested his inheritance in Google shares At the date of separation

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