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Question 34 of 40 Opal originally sold her home on August 15, 2011, for $280,800, and excluded a portion of the.gain. The buyer defaulted in

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Question 34 of 40 Opal originally sold her home on August 15, 2011, for $280,800, and excluded a portion of the.gain. The buyer defaulted in August 2016, so she repossessed it February 28, 2017, when the balance of the note was $245,400 Opal resold the house for $256,700 on November 26, 2017. Original sale expenses were $7,020. Resale expenses were $6,410. Repossession costs were $9,850. The recomputed amount realized is: O $245,400 $256,700 $268,680 $268,820 Mark for follow up

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