Required information Problem 11-32 (LO 11-1) (Algo) [The following information applies to the questions displayed below.] 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 (Algo) a. Rafael received $87,500 cash and a vehicle worth $17,400. Rafael also paid $7,500 in selling expenses. Required information Problem 11-32 (LO 11-1) (Algo) [The following information applies to the questions displayed below.] Rafael sold an asset to Jamal. What is Rafael's amount realized on the sale in each of the following alternative scenarios? roblem 11-32 Part-b (Algo) Rafael received $127,000 cash and was relieved of a $53,500 mortgage on the asset he sold to Jamal. Rafael also paid a ommission of $8,100 on the transaction