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A 1,500 square foot office space is leased at ( $ 12.00 ) square foot per month. The space is vacant one month out of
A 1,500 square foot office space is leased at \\( \\$ 12.00 \\) square foot per month. The space is vacant one month out of the year. Office expenses are \\( \\$ 6.50 \\) per square foot per month and an expense stop is set at \\( \\$ 6.00 \\) per square foot per month. What is the monthly net operating income? \\( \\$ 15,750 \\) \\( \\$ 6,750 \\) \\( \\$ 7,437 \\) \\( \\$ 8,232 \\)
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