ANSWER ASAP PLEASE (will upvote)

A 36,000 square foot suburban office building in Dallas, Texas was purchased for $7,200,000 at a 5% cap rate. Debt service for the first year was $305,000 of which $236,000 was interest and $69,000 was principal. Annual depreciation for tax purposes was $148,000. What was the property's first year taxable income? \begin{tabular}{c} $24,000 \\ \hline 124,000 \\ \hline$212,000 \\ $55,000 \end{tabular}