Review the following scenario. Identify how much each lienholder would

receive. Mrs$.$ Smith takes out a $$450,000$ mortgage loan to construct her

home. Unfortunately she loses her job and defaults on her payments,

leading the lender to foreclose on her house. The lender only receives

$$375,000$ at the foreclosure option. $($Enter answers using exactly this

format $"$$x$,$xxx$.$xx$")$

$$350,000$ filed by mortgage lender in $2016$

$$20,000$ filed by Court for lawsuit in $2012$

$$15,000$ filed in $2018$ for property taxes

$$10,000$ filed by a contractor in $2014$Review the following scenario. Identify how much each lienholder would receive. Mrs$.$ Smith takes out a $$450,000$ mortgage loan to construct her home. Unfortunately she loses her job and defaults on her payments, leading the lender to foreclose on her house. The lender only receives $$375,000$ at the foreclosure option. $($Enter answers using exactly this format $"$$x$,$xxx$.$xx$")$

$$350,000$ filed by mortgage lender in $2016$

$$20,000$ filed by Court for lawsuit in $2012$

$$15,000$ filed in $2018$ for property taxes

$$10,000$ filed by a contractor in $2014$