The following are data related to Mutasim for the year 2020 AD: Mutasim is single and does not support, and his only source of income is the income of a rented building he owned in the new city of Zarqa. The following are some data related to that building for the year 2020 AD:

• The rental income of the building is 25 thousand dinars. The building maintenance expenses are 250 dinars.

• The annual depreciation of the building according to the straight-line method is 600 dinars.

• Mutasim paid the fees and taxes due on the building. The key allowance that Mutasim received was 7750 dinars.

• The rental value of the building exceeds the value of the building rental income by 20% in light of the previous data.

_3000 dinars

_500 dinars

_1500 dinars

_zero

_None of the above

Answer rating: 100% (QA)

The rental value of the building exceeds the value of the building rental income by 20 in light of t... View the full answer