A not-for-profit reports $12,000 sales of items events this year to raise funds. The revenues represent income unrelated to the organization's exempt purpose. Related expenses total $4,500. UBTI and UBIT equals:

		$0 UBTI and $0 UBIT.
		$6,500 UBTI and $1,365 UBIT.
		$5,500 UBTI and $1,155 UBIT.
		$7,500 UBTI and $1,575 UBIT.