Rafael sold an asset to Jamal. What is Rafael's amount realized on the sale in each of the following alternative scenarios? Problem 11-32 Part-a (Static) a. Rafael received $80,000 cash and a vehicle worth $10,000. Rafael also paid $5,000 in selling expenses. Amount realized Rafael sold an asset to Jamal. What is Rafael's amount realized on the sale in each of the following alternative scenarios? Problem 11-32 Part-b (Static) b. Rafael received $80,000 cash and was relieved of a $30,000 mortgage on the asset he sold to Jamal. Rafael also paid a commission of $5,000 on the transaction. Amount realized Rafael sold an asset to Jamal. What is Rafael's amount realized on the sale in each of the following alternative scenarios? Problem 11-32 Part-c (Static) c. Rafael received $20,000 cash, a parcel of land worth $50,000, and marketable securities of $10.000. Rafael also paid a commission of $8,000 on the transaction. Amount realized