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

question 54

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

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Definitions:

Identical Twins

Twins who originate from a single fertilized egg that splits and develops into two individuals with exactly the same genetic material.

Zygotes

The initial cell formed when a sperm fertilizes an egg, marking the beginning of human development.

Ovum

The female reproductive cell or egg that, when fertilized by a sperm, can develop into an embryo.

Monozygotic Twin

Identical twins that result from the splitting of a single fertilized egg, sharing the same genetic material.