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Given the Following Information, Calculate the Net Operating Income Assuming

Question 13

Multiple Choice

Given the following information, calculate the net operating income assuming below-line treatment of capital expenditures. Property: 4 office units, Contract Rents per unit: $2500 per month, Vacancy and collection losses: 15%, Operating Expenses: $42,000, Capital Expenditures: 10%:


A) $48,000
B) $60,000
C) $95,000
D) $102,000

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