$97 SHIRT RIDDLE

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$97 Shirt Riddle

I saw a shirt for $97. I borrowed $50 from Mom and $50 from Dad. I bought the shirt with $3 of change. I gave $1 to Mom, $1 to Dad, and kept $1 for myself. Now I owe my mom $49 and my dad $49. $49 + $49 = $98 + my $1 = $99. Where did the other $1 go?
I saw a shirt for $97. I borrowed $50 from Mom and $50 from Dad. I bought the shirt with $3 of change. I gave $1 to Mom, $1 to Dad, and kept $1 for myself. Now I owe my mom $49 and my dad $49. $49 + $49 = $98 + my $1 = $99. Where did the other $1 go?
Hint:
The two $49 figures mentioned in the riddle? Those are inconsequential for actually solving it - they're the debt this fashionable shopper owes his or her parents, not the money that actually changed hands during any of the transactions. So, in truth, the dollar didn't "go" anywhere; it's been there all along. You just have to know where to look for it - and what not to be distracted by.
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