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Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Peyton is
Peyton sells an office building and the associated land on May of the current year. Under the terms of the sales contract, Peyton is to receive $ in cash. The purchaser is to assume Peyton's mortgage of $ on the property. To enable the purchaser to obtain adequate financing, Peyton is to pay the $ in points charged by the lender. The broker's commission on the sale is $ What is Peyton's amount realized?
The amount realized by Peyton is $
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