In 1996, Mr. and Mrs. Sellers purchased their first principal residence for $100,000. In 2000, they spent $50,000 to add a room to the house. In 2010, the entire residence was painted at a cost of $8,000. They have spent about $25,000 in routine maintenance and repairs since acquiring the home. Determine the following:
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In 1996, Mr. and Mrs. Sellers purchased their first principal residence for $100,000. In 2000, they spent $50,000 to add a room to the house.
POETRY ARCHIVE
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