Becky, Darlene, and DJ inherit the estate below and make bids as shown. However, since DJ...

 

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Becky, Darlene, and DJ inherit the estate below and make bids as shown. However, since DJ had earlier financial help from his parents, help that Becky and Darlene never got, the will states that Becky and Darlene are each to receive 40% of the estate while DJ gets 20% (i.e. each person's fair share is not 1/3-Becky and Darlene each get 40% and DJ gets 20% for their fair shares and for their shares of the surplus). Complete the chart below to determine each person's settlement. Note that there is a total of $7,000 cash in the estate. Becky Darlene Motorcycle $5,000 $5,500 $4,300 House 40,000 38,000 42,000 Yankees Premium Season 35,000 27,000 26,500 Tickets Sofa 150 225 300 Cash 7,000 7,000 7,000 Sum of bids Fair dollar share (40%, 40%, 20%) Object(s) received Value of object(s) Money you owe/are owed (Fair dollar share - value of objects) Share of surplus (40%, 40%, 20%) Final Settlement (object(s) and/or cash) Don't forget to show your calculations for the surplus. Becky, Darlene, and DJ inherit the estate below and make bids as shown. However, since DJ had earlier financial help from his parents, help that Becky and Darlene never got, the will states that Becky and Darlene are each to receive 40% of the estate while DJ gets 20% (i.e. each person's fair share is not 1/3-Becky and Darlene each get 40% and DJ gets 20% for their fair shares and for their shares of the surplus). Complete the chart below to determine each person's settlement. Note that there is a total of $7,000 cash in the estate. Becky Darlene Motorcycle $5,000 $5,500 $4,300 House 40,000 38,000 42,000 Yankees Premium Season 35,000 27,000 26,500 Tickets Sofa 150 225 300 Cash 7,000 7,000 7,000 Sum of bids Fair dollar share (40%, 40%, 20%) Object(s) received Value of object(s) Money you owe/are owed (Fair dollar share - value of objects) Share of surplus (40%, 40%, 20%) Final Settlement (object(s) and/or cash) Don't forget to show your calculations for the surplus.