Mary Cunningham offered $156,500 for a home that had been priced at $169,500. The seller agreed to the offer. A bank is willing to finance the purchase if she can make a down payment of 20 percent. What is the amount of the mortgage loan? Danelle and Tim Barala bave obtained a $70.000 mortgage loan at an annual​

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?