Reggie and Bebe Own an Apartment Building in Portland,Oregon,with 8

Multiple Choice

Reggie and Bebe own an apartment building in Portland,Oregon,with 8 identical units.They live in one and rent the remaining units.Their rental income for the year was $45,000.They incurred the following expenses for the entire building: What amount of net income should Reggie and Bebe report for the current year for this rental? Round your answer to the nearest whole dollar)

A) $38,350
B) $12,213
C) $7,650
D) $45,000