A corporation (Rentco), in the business of operating residential rental properties, owned a Class 1 building with undepreciated capital cost (UCC) of $100,000. Rentco received rents of $72,000 and a $1,000 deposit on 2023 rent. Total interest, utilities and property tax expenses were $15,000. Rentco also paid $10,000 to replace the old shingle roof with a metal roof. What would be Rentco’s rental income for tax purposes in 2022?