Question: Problem 1 6 - 5 0 ( LO . 4 ) Kay, who is not a real estate dealer, sold an apartment house to Parra

Problem 16-50(LO.4)
Kay, who is not a real estate dealer, sold an apartment house to Parra during the current year (2024). The closing statement for the sale is as follows:
\table[[Total selling price,$190,000
Problem 1 6 - 5 0 ( LO . 4 ) Kay, who is not a

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