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James sells a silver mine on 5 acres of land for $1,000,000 in cash, a...

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Accounting

James sells a silver mine on 5 acres of land for $1,000,000 in cash, a note recievable of $2,000,000 and a debt relief of $2,500,000. He also pays selling commissions of $50,000. What is james' amount realized on the sale

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