Virginia and Dan each own investment realty that they would like to trade. Virginias property is subject to mortgage debt of $2,000 and has a net of mortgage value of $6,000. Dans property is subject to mortgage debt of $30,000 and has a net of mortgage value of $5,000. Virginia and Dan agree to exchange properties and assume each others debt. Dan pays Virginia $1,000 cash, and the exchange is completed. What is the gross selling price of Virginias property?

A : $2,000

B : $6,000

C : $8,000

D : $5,000

E : $35,000

According to the test bank 2019, the answer is C, $8000

Please explain how to calculate this number. Thank you. Correct Answer : C