Lambeau sells a building to Hallas for $2 million. Hallas finances the purchase by obtaining a $1 million loan (from the Losers Bank) and paying an additional $1 million in cash reserves. Lambeau incurs commission costs of $50,000 and $30,000 in legal fees in making the sale.

What is Lambeau's amount realized?

Group of answer choices

$1,920,000

$1,950,000

$1,970,000

$2 million