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

question 105

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

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