Can someone help me with the forumla for this REAL ESTATE QUESTION?
The seller is selling a home containing an oil fired heating system and a 200 gallon oil tank. The sale will close on Jan 15. On the day prior to closing, the tank is filled.
The amount required to fill the tank was 127.50 gallons at $5.37 per gallon. On this statement of adjustment, what will be the credit for the seller.