A LIHTC applicant family lists the following information on its application, Use the information to answer questions 1 - 8, below. 158 vl Checking Account: $950 six-month average balance; interest .5% per year. Savings Account: $4,900 balance; earns interest at 2.25% per year. Automobile: Blue book value of $3.500. Real Estate: The family owns a home with a market value of $95,000. They owe $50,000 on a first mortgage on the house plus $5,500 on a second mortgage secured by the house They rent the house for $750 per month and spend $650 per month on operating expenses. Management estimates the costs to sell the house at $9,500. When properly rounded, what is the anticipated annual income from the checking account that must be included in family's asset income for eligibility purposes? a. $4 b. $0 C. $5 D. $1