Given the Following Information,calculate the Net Operating Income Assuming Below-Line

Multiple Choice

Given the following information,calculate the net operating income assuming below-line treatment.Property: 4 office units,Contract Rents per unit: $2500 per month,Vacancy and collection losses: 15%,Operating Expenses: $42,000,Capital Expenditures: 10%:

A) $48,000
B) $60,000
C) $95,000
D) $102,000