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Real Estate Industry. A stated contract price on a real estate contract is $ 1 , 0 0 0 , 0 0 0 . A

Real Estate Industry.
A stated contract price on a real estate contract is $1,000,000. A price concession is
expected of $100,000 on the contract price. In evaluating the validity of a contract, is the $1,000,000 con-
tract price or the price net of the price concession ($900,000) considered in evaluating the probability of
collectibility on the contract?

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