Mahmud, Katya, and Safiya are dividing an estate consisting of a house and a car, using the Method of Sealed Bids. Their bids on each of the items are given in the following table. Mahmud Katya Safiya House $260,000 $250,000 $290,000 Car $22,000 $20,000 $19,000 Determine how much is in the "kitty" after the initial allocation step.

Mahmud, Katya, and Safiya are dividing an estate consisting of a house and a car, using the Method of Sealed Bids. Their bids on each of the items are given in the following table. Mahmud Katya Safiya House $260,000 $250,000 $290,000 Car $22,000 $20,000 $19,000 Determine how much is in the "kitty" after the initial allocation step.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Question

This set-up is used for the following three problems.

Mahmud, Katya, and Safiya are dividing an estate consisting of a house and a car, using the Method of Sealed Bids. Their bids on each of the items are given in the following table.

	Mahmud	Katya	Safiya
House	$260,000	$250,000	$290,000
Car	$22,000	$20,000	$19,000

Determine how much is in the "kitty" after the initial allocation step.

Group of answer choices

$56,000

$25,000

$169,000

$349,000

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