# e01d1Proceeds

Daryl Patterson is a real estate agent. He wants his clients to have a realistic expectation of how much money they will receive when they sell their houses. Sellers know they pay a commission to the agent and pay off their existing mortgages; however, many sellers forget to consider they might have to pay some of the buyer’s closing costs, title insurance, and prorated property taxes. Daryl created a worksheet to enter values in an input area to calculate the estimated deductions at closing and calculate the estimated net proceeds the seller will receive; however, the worksheet contains errors. Open e01d1Proceeds and save it as e01d1Proceeds_LastFirst. Review the font formatting and alignment for consistency. Use the New Comment command in the Comments group on the Review tab to insert a comment in a cell. As you identify the errors, insert comments in the respective cells to explain the errors. Correct the errors, including formatting errors. In the Output Area, the only entered value should be the title insurance policy. The other numbers should be results of formulas or a reference to a cell in the Input Area. The commission and closing costs are amounts based on the sale price and respective rates. The prorated property tax is the product of the annual property taxes and the months to prorate the taxes out of the entire year. The estimated net proceeds is calculated as the difference between the sale price and the total estimated deductions. Apply Landscape orientation, 115% scaling, 1.5" top margin, and center horizontally. Insert your name on the left side of the header, the sheet name code in the center, and the file name code on the right side. Save and close the file. Exit Excel. Based on your instructor’s directions, submit e01d1Proceeds_LastFirst.

Daryl Patterson is a real estate agent. He wants his clients to have a realistic expectation of how much money they will receive when they sell their houses. Sellers know they pay a commission to the agent and pay off their existing mortgages; however, many sellers forget to consider they might have to pay some of the buyer’s closing costs, title insurance, and prorated property taxes. Daryl created a worksheet to enter values in an input area to calculate the estimated deductions at closing and calculate the estimated net proceeds the seller will receive; however, the worksheet contains errors. Open e01d1Proceeds and save it as e01d1Proceeds_LastFirst. Review the font formatting and alignment for consistency. Use the New Comment command in the Comments group on the Review tab to insert a comment in a cell. As you identify the errors, insert comments in the respective cells to explain the errors. Correct the errors, including formatting errors. In the Output Area, the only entered value should be the title insurance policy. The other numbers should be results of formulas or a reference to a cell in the Input Area. The commission and closing costs are amounts based on the sale price and respective rates. The prorated property tax is the product of the annual property taxes and the months to prorate the taxes out of the entire year. The estimated net proceeds is calculated as the difference between the sale price and the total estimated deductions. Apply Landscape orientation, 115% scaling, 1.5" top margin, and center horizontally. Insert your name on the left side of the header, the sheet name code in the center, and the file name code on the right side. Save and close the file. Exit Excel. Based on your instructor’s directions, submit e01d1Proceeds_LastFirst.

Daryl Patterson is a real estate agent. He wants his clients to have a realistic expectation of how much money they will receive when they sell their houses. Sellers know they pay a commission to the agent and pay off their existing mortgages; however, many sellers forget to consider they might have to pay some of the buyer’s closing costs, title insurance, and prorated property taxes. Daryl created a worksheet to enter values in an input area to calculate the estimated deductions at closing and calculate the estimated net proceeds the seller will receive; however, the worksheet contains errors. Open e01d1Proceeds and save it as e01d1Proceeds_LastFirst. Review the font formatting and alignment for consistency. Use the New Comment command in the Comments group on the Review tab to insert a comment in a cell. As you identify the errors, insert comments in the respective cells to explain the errors. Correct the errors, including formatting errors. In the Output Area, the only entered value should be the title insurance policy. The other numbers should be results of formulas or a reference to a cell in the Input Area. The commission and closing costs are amounts based on the sale price and respective rates. The prorated property tax is the product of the annual property taxes and the months to prorate the taxes out of the entire year. The estimated net proceeds is calculated as the difference between the sale price and the total estimated deductions. Apply Landscape orientation, 115% scaling, 1.5" top margin, and center horizontally. Insert your name on the left side of the header, the sheet name code in the center, and the file name code on the right side. Save and close the file. Exit Excel. Based on your instructor’s directions, submit e01d1Proceeds_LastFirst.

Daryl Patterson is a real estate agent. He wants his clients to have a realistic expectation of how much money they will receive when they sell their houses. Sellers know they pay a commission to the agent and pay off their existing mortgages; however, many sellers forget to consider they might have to pay some of the buyer’s closing costs, title insurance, and prorated property taxes. Daryl created a worksheet to enter values in an input area to calculate the estimated deductions at closing and calculate the estimated net proceeds the seller will receive; however, the worksheet contains errors. Open e01d1Proceeds and save it as e01d1Proceeds_LastFirst. Review the font formatting and alignment for consistency. Use the New Comment command in the Comments group on the Review tab to insert a comment in a cell. As you identify the errors, insert comments in the respective cells to explain the errors. Correct the errors, including formatting errors. In the Output Area, the only entered value should be the title insurance policy. The other numbers should be results of formulas or a reference to a cell in the Input Area. The commission and closing costs are amounts based on the sale price and respective rates. The prorated property tax is the product of the annual property taxes and the months to prorate the taxes out of the entire year. The estimated net proceeds is calculated as the difference between the sale price and the total estimated deductions. Apply Landscape orientation, 115% scaling, 1.5" top margin, and center horizontally. Insert your name on the left side of the header, the sheet name code in the center, and the file name code on the right side. Save and close the file. Exit Excel. Based on your instructor’s directions, submit e01d1Proceeds_LastFirst. Daryl Patterson is a real estate agent. He wants his clients to have a realistic expectation of how much money they will receive when they sell their houses. Sellers know they pay a commission to the agent and pay off their existing mortgages; however, many sellers forget to consider they might have to pay some of the buyer’s closing costs, title insurance, and prorated property taxes. Daryl created a worksheet to enter values in an input area to calculate the estimated deductions at closing and calculate the estimated net proceeds the seller will receive; however, the worksheet contains errors. Open e01d1Proceeds and save it as e01d1Proceeds_LastFirst. Review the font formatting and alignment for consistency. Use the New Comment command in the Comments group on the Review tab to insert a comment in a cell. As you identify the errors, insert comments in the respective cells to explain the errors. Correct the errors, including formatting errors. In the Output Area, the only entered value should be the title insurance policy. The other numbers should be results of formulas or a reference to a cell in the Input Area. The commission and closing costs are amounts based on the sale price and respective rates. The prorated property tax is the product of the annual property taxes and the months to prorate the taxes out of the entire year. The estimated net proceeds is calculated as the difference between the sale price and the total estimated deductions. Apply Landscape orientation, 115% scaling, 1.5" top margin, and center horizontally. Insert your name on the left side of the header, the sheet name code in the center, and the file name code on the right side. Save and close the file. Exit Excel. Based on your instructor’s directions, submit e01d1Proceeds_LastFirst.

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