Frank bought a home that Broker Sam had listed. Afterwards, he discovered Broker Sam had misrepresented the single-family residence and sued the broker. Frank was awarded a judgment, however Broker Sam was bankrupt and unable to pay the judgment. Buyer Frank appealed to the Real Estate Recovery Account. Assuming the Recovery account agrees to pay, Frank will receive a maximum of ______ for this single transaction.
1) 20,000
2) 50,000
3) 100,000
4) 250,000