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  1. business
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  3. in 2020, mbm reit reported a net income of $3 mill

In 2020, MBM REIT reported a net income of $3 million. It also incurred $100,000...

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Accounting

In 2020, MBM REIT reported a net income of $3 million. It also incurred $100,000 and $150,000 in the form of depreciation and amortization costs, respectively, in 2020. The company also made a profit of S500,000 from the sale of two properties in its portfolio. It also incurred an $100,000 loss on the sale of another property in 2020. In the same period, MBM REIT also reported recurring capital expenditures of $300,000, which were incurred when making roof repairs, HVAC replacements, carpeting, and other structural improvements to the properties it owns.

3.05 million

2.85 million

2.55 million

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