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Use the Following Information to Answer the Following Two Questions

question 11

Multiple Choice

Use the following information to answer the following two questions. You are making a 10-year cash flow pro-forma for a lender, on a non-residential commercial building which you have just purchased (on January 1) and plan to own for 10 years (the maturity of the loan you are requesting) . The building has a single tenant in a 20-year lease that commenced at the time of building purchase (January 1) .
-Purchase Price: $3,000,000 including $500,000 in assessed land value.
-Tenant Improvement Expenditures (all spent on building made at time of purchase, beginning of lease) : $1,000,000.
-Leasing Brokerage Commission (paid at time of purchase, beginning of lease) : $300,000.
-Capital Gains Tax Rate (on economic gain) : 15%.
-Recapture Tax Rate: 25%.
-Ordinary Income Tax Rate: 35%.
Be completely realistic in your treatment of all sources of capital gains and recapture tax.
-What is the difference between the before-tax and after-tax reversion cash flow at the end of Year 10 in the pro-forma if you project net property resale proceeds at that time of $4,000,000?

Understand the basic principles of thermodynamics as they apply to biological systems.

Describe the structure, function, and classification of enzymes.

Explain the role of ATP in energy metabolism.

Define and differentiate between competitive and noncompetitive enzyme inhibition.

Definitions:

Diagnosable Mental Illness

A mental disorder that meets defined criteria in the DSM-5 or ICD-10, recognized by professionals as requiring treatment.

Eccentrics

Eccentrics are individuals whose behavior or beliefs deviate markedly from what is considered normal or conventional in their society.

Creative

The ability or quality of being inventive or imaginative, often leading to the creation of something new or original.

Frenetic, Manic Activity

Intense, high-energy behavior that may be erratic or hyperactive, often seen in mania.