Net proceeds under supplied closing assumptions

A fictional seller worksheet starts with an agreed price of 400,000 exercise units. It specifies a 250,000 payoff, 10,000 of listed settlement charges and a separate 5,000 agreed adjustment, all deducted from the seller under the exercise instructions. A colleague reports the full sale price as the seller cash proceeds. Another inserts an extra tax based on a remembered foreign rule, although no such charge is supplied. Students must calculate the simplified result and distinguish it from an actual final closing statement. The case provides no local tax rate, release document, title opinion, lender payoff date or entitlement dispute. It asks for consistent treatment of the stated items and recognition of the information a real transaction would additionally require.