Rabbit, Inc., an exempt organization, reports net unrelated business income of $75,000, excluding any rent income received. Rabbit owns two buildings that are leased to tenants. The net rent income on the first building is $32,000, and that on the second building is $35,000. The lessee of the first building is unrelated to Rabbit, whereas the lessee of the second building is a 100% owned for-profit subsidiary. Calculate Rabbit’s unrelated business income.