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If a property transaction is scheduled to close on May 14. The purchase agreement states that the seller will be responsible for all taxes through

If a property transaction is scheduled to close on May 14. The purchase agreement states that the seller will be responsible for all taxes "through the date of closing" calculate the individual responsibility for the buyer if the total tax owed at the end of the year is $5000. For this problem assume that we are doing with a 365 calendar day.

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