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20 Next to each line item, the box has an X if the associated tax treatment is TRUE. However, there is an error affecting one
20 Next to each line item, the box has an "X" if the associated tax treatment is TRUE. However, there is an error affecting one of the four line items in bold. Which of the four line Items in bold is missing an "X"? Line item: Deducted from taxable income during operations Tax treatment: Taxed at reversion Credited at reversion Mortgage interest payments X Mortgage principal payments Lease payments Loan origination fee XX Prepayment penalty Operating expenses CapEx Depreciation on the land Depreciation on the building and improvements Appreciation in market value of property X X X O Operating expenses O Depreciation on the building and improvements O Loan origination fee X X
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