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Given the Following Information, Calculate the Total Amount of Annual

Question 3

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Given the following information, calculate the total amount of annual operating expenses for this income-producing property. Minor Roof Repairs: $20,000, Property taxes: $30,000, Maintenance: $25,000, Janitorial: $15,000, Security: $10,000, Debt service: $175,000.


A) $70,000
B) $100,000
C) $80,000
D) $275,000

Correct Answer:

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