Peyton sells an office building and the associated land on may 1 of the current year. under the terms of the sales contract, peyton is to receive $1,600,000 in cash. the purchaser is to assume peyton's mortgage of $950,000 on the property. to enable the purchaser to obtain adequate financing, peyton is to pay the $9,000 in points charged by the lender. the broker's commission on the sale is $75,000. what is peyton's amount realized? the amount realized by peyton is $.