Business, 15.04.2020 01:47 Dpj21

Taxes on the property Buyer Alan is purchasing are $3,200 due on December 31. If the closing is set for October 15, using the 365-day method, how much of the taxes will be credited to the buyer? (Assume it is not a leap year and the day of closing belongs to the seller.)
a) The seller's share of $2,533.38
b) The buyer's share of $666.62
c) The seller's share of $2,525.76
d) The buyer's share of $674.24

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Taxes on the property Buyer Alan is purchasing are $3,200 due on December 31. If the closing is set...