On March 19 of the current year, Tyanna sells a building to Judy for $ 520,000. Tyanna's basis in the building is $ 420,000. The county in which the building is located has a real property tax year that ends on June 30. The taxes are payable by September 1 of that year. On September 1, Judy pays the annual property taxes of $ 5,000. Both Tyanna and Judy are calendar-year cash method taxpayers. The closing agreement does not separately account for the property taxes. Disregard any leap year.

Requirement a. What amount of real property taxes may Judy deduct in the current year? (Assume that the purchaser owns the house on the date of the sale. Round your answer to the nearest dollar.)

The amount of real property taxes Judy may deduct in the current year is

.

Requirement b. What amount of real property taxes may Tyanna deduct in the current year? (Assume that the purchaser owns the house on the date of the sale. Round your answer to the nearest dollar.)

The amount of real property taxes Tyanna may deduct in the current year is

.

Requirement c. If no apportionment on the real property taxes is made in the sales agreement, what isTyanna total selling price of the building?

Judy's basis for the building?

Tyanna's total selling price of the building:	$
Judy's basis for the building:	$