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37) Given the following information, calculate the funds from operation (FFO): net income: $44,245,000; gains/losses from infrequent and unusual events: $50,000; amortization of tenant improvements:
37) Given the following information, calculate the funds from operation (FFO): net income: $44,245,000; gains/losses from infrequent and unusual events: $50,000; amortization of tenant improvements: $575,000; amortization of leasing expenses: $133,000; depreciation (real property): $30,906,000. A) $12,581,000 B) $75,809,000 C) $75,859,000 D) $75,909,000 Answer: B Difficulty: 2 Medium ch 17 use financial calculator
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