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Business, 14.10.2019 23:30 dnarioproctor

Vijay sells land and receives $5,000 cash, a motorcycle worth $1,600, and two tickets to the super bowl with a total face value (cost) of $800 but worth $1,200. in addition, the buyer assumes the mortgage on the land of $12,000. what is vijay's amount received in this transaction?

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Vijay sells land and receives $5,000 cash, a motorcycle worth $1,600, and two tickets to the super b...
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