Ann is looking to buy an office building in 2014. She plans to rent it out for 5 years (2015-2019) and sell it at the end of 2019.

Given:

Square feet	60,000.00
Annual rent per square foot 2015	$55.00
Parking income 2015	$65,000.00

Rental vacancy rate 2015	2.40%	% per square foot
Collection loss rate 2015	2.00%	% of PGI
Operating expense rate 2015	47.00%	% of EGI

Asking cap rate 2014: 6.50%
2015:
Rental Income	$3,300,000.00
Parking	$65,000.00
Potential Gross Income (PGI)	$3,365,000.00
Vacancy Expenses	??
Collection losses	??
Effective Gross Income (EGI)	??
Operating Expenses	??
Net Operating Income (NOI)	??

Question:

1a. What is the Vacancy Expenses, Collection losses, Effective Gross Income (EGI), Operating Expenses?

1b. What is the Net Operating Income for 2015?