Question: A Moving to another question will save this response. Question 6 of 34 10 points Save Answer A property that produces an annual NOI of

A Moving to another question will save this response. Question 6 of 34 10 points Save Answer A property that produces an annual NOI of $221,000 was purchased for $3,300,000. Debt service for the year was $170,000 (interest $140,984 & principal $29,016). Annual depreciation is $67,692. Assuming no capital improvements (capex), what is the taxable income? Ch11 $12,324 a. $51,000 b. $80,016 c. $153,308 d

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