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Wesley Sold a Piece of Property for $30,000 Cash Paying

question 55

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Wesley sold a piece of property for $30,000 cash paying a $3,000 sales commission.The buyer assumed Wesley's $13,000 mortgage on the property.Wesley had purchased the property for $15,000 and had invested an additional $6,000 in it.What is Wesley's realized gain on the sale?

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Psychodynamic

Pertaining to a psychological perspective that emphasizes unconscious psychological processes and childhood experiences in shaping behavior and personality.

Reciprocal Determinism

A concept proposed by psychologist Albert Bandura, suggesting that a person's behavior both influences and is influenced by personal factors and the social environment.

Kindness

The quality of being friendly, generous, and considerate, often manifested in actions designed to help or benefit others.

Diligence

Persistent and hardworking effort in doing something.

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