Use the table to answer the question. Final Settlement Statement
Contract sales price
(1)
$118,000.00
Settlement charges to borrower (2)
$3,491.04
Gross amount due from borrower (3)=(1)+(2)
Deposit or earnest money (4)
$500.00
Principal amount of new loan
(5)
$94,400.00
County taxes (half year)
(6)
$605.36
Total paid by borrower
(7)=(4)+(5)+6)
Gross amount due from borrower (8)=(9)+(10)
(9)
$95,505.36
Less amount paid by borrower
Cash from borrower
(10)
$25,985.68
What amount goes in line 3?