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Question
A 1,500 square foot office space is leased at $12.00 square foot. The space is vacant one month out of the year. Office expenses are $6.50 per square foot and an expense stop is set at $6.00 per square foot. What is the annual net operating income?
A) $7,500
B) $6,750
C) $15,750
D) $8,250
Answer
This answer is hidden. It contains 19 characters.
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