You are a paralegal coordinating the closing of Massachusetts property being sold by Evelyn and Frank (Sellers) to Grace and Hope (Buyers). Your firm represents the buyers and lender and will be acting as Settlement Agent. Details of the transaction are as follows:

• The property address is 200 Liberty Street, Soldasis, Massachusetts in Middlesex County.
• The purchase price is $500,000.00 and Buyers have already submitted a deposit of $25,000.00 being held by the listing agent in escrow.
• Buyers will be financing the purchase with a mortgage loan from Generic Mortgage in the amount of $450,000.00.
• The closing date will be September 1, 2021.
• Evelyn and Frank are married and hold title as tenants by the entirety. The presently occupy the property as their primary residence.
• Property taxes are $3650.00 for the year and have been paid in full through the first quarter of Fiscal Year 2021 by Sellers. Like most Massachusetts towns, the Soldasis bills taxes quarterly and the fiscal year starts on July 1. The quarterly bills are due in August, November, February and May.
• You have already calculated Sellers' total closing costs to be $27,999.00.
• You have already calculated Buyers' total closing costs to be $7,212.05.
• You have received a final water and sewer reading from the Town of Soldasis Water Department that shows $140.15 is due.
• The Purchase & Sale Agreement recites that the Sellers have agreed to credit the Buyers $1,500.00 toward repairs.

With the facts you have been given, please complete the belowSummary of Transactionsection of the Closing disclosure

Summary of Transactions Use this table to see a summary of your transaction BORROWER'S TRANSACTION SELLER'S TRANSACTION K. Due from Borrower at Closing M. Due to Seller at Closing 01 Sale Price of Property 01 Sale Price of Property 02 Sale Price of Any Personal Property Included in 02 Sale Sale Price of Any Personal Property Included in Sale 03 Closing Costs Paid at Closing (J) 03 04 04 Adjustments 05 05 06 06 07 07 08 Adjustments for Items Paid by Seller in Advance Adjustments for Items Paid by Seller in Advance 08 City/town taxes to 09 City/town taxes to 09 County Taxes to 10 County taxes to 10 Assessments to 11 Assessments to Oil Adjustment to 12 Oil Adjustment to 12 13 13 14 14 15 15 16 Paid Already by or on Behalf of Borrower at N. Closing Due from Seller at Closing 01 |Deposit 01 Closing Costs Paid at Closing (J) 02 Borrower's Loan Amount 02 Existing loan(s) taken subject to 03 Existing loan(s) taken subject to 03 04 Seller Credit 04 Seller Credit15 16 L. Paid Already by or on Behalf of Borrower at Closing N. Due from Seller at Closing 01 Deposit 01 Closing Costs Paid at Closing (J) 02 Borrower's Loan Amount 02 Existing loan(s) taken subject to 03 Existing loan(s) taken subject to 03 04 Seller Credit 04 Seller Credit 05 05 Excess Deposit Other Credits 06 06 07 07 08 Payoff - Adjustments 09 08 10 09 11 10 12 11 13 Adjustments for Items Unpaid by Seller Adjustments for Items Unpaid by Seller 12 |City/town taxes to 14 City/town taxes to 13 County taxes to 15 County taxes to 14 Assessments to 16 Assessments to 15 to 17 to 16 18 17 19 CALCULATION CALCULATION Total Due from Borrower at Closing (K) Total Due to Seller at Closing (M) Total Paid Already by or on Behalf of Borrower at Closing L -$ Total Due from Seller at Closing (N) Cash to Close _ From O To Borrower Cash O From _ To Seller