LO.1 Norm is negotiating the sale of a tract of his land to Pat. Use the following classification scheme to classify each of the items contained in the proposed sales contract DARN IARN DABN JABN DABP IABP Legend Decreases amount realized by Norm Increases amount realized by Norm Decreases adjusted basis to Norm Increases adjusted basis to Norm Decreases adjusted basis to Pat Increases adjusted basis to Pat DABP = uso a. Norm is to receive cash of $50,000. b. Norm is to receive Pat's note payable for $25,000, payable in three years. Pat assumes Norm's mortgage of $5,000 on the land. d. Pat agrees to pay the realtor's sales commission of $8,000. Pat agrees to pay the property taxes on the land for the entire year. If each party paid his or her respective share, Norm's share would be $1.000 and Pat's share would be $3,000. f. Pat pays legal fees of $500. Norm pays legal fees of $750