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On a settlement statement, the seller's net proceeds are calculated by:

On a settlement statement, the seller's net proceeds are calculated by:

A.

subtracting closing costs from the purchase price.

B.

subtracting the buyer's credits from the seller's credits.

C.

subtracting the seller's debits from the buyer's debits.

D.

subtracting the seller's debits from the seller's credits.

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