Business, 18.06.2021 16:50 mrashrafkotkaat

The Davises pay the annual property tax of $1,825 on their lake house every January. On a whim, they sell the lake house to the Bennets to buy a Winnebago and travel the country. Closing is set for July 31, and the buyers own the day of closing (pay prorated expenses through the day of closing). Using the calendar year proration method (assume that it's not a Leap year), how much of the pre-paid property tax was the Davises' responsibility

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The Davises pay the annual property tax of $1,825 on their lake house every January. On a whim, they...

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