An investment property has an effective gross income of$375,000 and vacancy /collection allowance of 6%...
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Finance
An investment property has an effective gross income of$375,000 and vacancy /collection allowance of 6% with operating expenses including $28,000 of reserves for replacement totaled $190,000. What is the net operating income?
Select one:
A. $185,000
B. $146,000
C. $213,000
D. $157,000
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