I am not very sure but I believe that the correct answer is True.
Answer:
$607
Explanation:
Data provided in the question:
Date of closing of sales transaction = April 15
Expected tax for the year = $2,110
Number of days in an year = 365
Now,
Per day tax = [ Expected tax for the year ] ÷ [ 365 ]
= $2,110 ÷ 365
= $5.781 per day
Time period from January 1 to April 15 in days = 105 days
Therefore,
The seller's share of the tax bill
= Per day tax × Time period from January 1 to April 15 in days
= $5.781 × 105
= $606.98 ≈ $607