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Many years ago James and Sergio purchased property for $855,000. Although they are listed as equal co-owners provide only $380,000 of the purchase price. James

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Many years ago James and Sergio purchased property for $855,000. Although they are listed as equal co-owners provide only $380,000 of the purchase price. James treated the additional $47,500 of his contribution to the purchase price as a gift property was tenants calculetions. Round your final answers to the nearest whole dollar amount.) Sergio was able to property is worth $1,11,500 at Sergio's death, what amount would be included in Sergio's estate if the title to the in common? What if the title was joint tenancy with right of survivorship? (Do not round intermediate Title to the property was tenants in common Title to the property were joint tenancy with right of survivorship

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