. Question 38 (1 point) A shopping center has three spaces and the financial information for the first year reports below: Space 1: Potential Base Rental Revenue = $216,400; Reimbursements = $0 Space 2: Potential Base Rental Revenue = $180,223; Reimbursements = $72,339 - Space 3: Potential Base Rental Revenue = $160,448; Reimbursements = $0 Turnover Vacancy = $214,850 Depreciation = $49,321 Collection Losses = $17.890 - Property Management Fee = $147,228 Common Area Maintenance = $51,303 - Real Estate Taxes = $87,000 Insurance = $20,000 . What is the Effective Gross Income for the first year? Excel $629,410 $396,670 $91,139 $18,800