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    Cassandra sells property for a sales price of $150,000

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    Cassandra sells property for a sales price of $150,000. In addition, Lana, the buyer, pays $5,000 in property taxes that had accrued during the year while the property was still legally owned by Cassandra. Cassandra paid $9,000 in commissions and $1,500 in legal fees connected with the sale of her property. What is the amount realized by Cassandra from the sale of her property?

    a. $155,000.
    b. $150,000.
    c. $141,000.
    d. $144,500.
    e. $139,500

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    https://brainmass.com/business/accounting/cassandra-sells-property-sales-price-99291

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