QUESTION 19 Operating expenses can be dided into two categorierble and fed expenses. Which of the following termes O property management Otrash removal O utilities O hazard insurance QUESTION 20 Given the following information, calculate the appropriate going.in cap rate using the constant powth for market surved total yonid: 10pected appreciation rate: 2% per year, sale price: $1,950,000; first year potential gross income: $520,000. first year capitaluation expense: 545,006, first year net operating Income $390,000; 8.ON 26.67 09.03 O 11.59 QUESTION 21 Suppose that an appraiser has just completed her analysis using the cost approach to valuation. She has determined that the reproduction cost of the subject property is $480,000. If the estimated value of the site was $120,000 and accrued depreciation amounted to $70,000, what was the estimated value of the property using the cost approach? O $670,000 O $530,000 O $430,000 $290,000 QUESTION 22