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B. Felicia purchased an investment property for $102,450. Her annual expenses for mortgage interest, taxes, repairs, and depreciation total $7,105. She rents the house

B. Felicia purchased an investment property for $102,450. Her annual expenses for mortgage interest, taxes, repairs, and depreciation total $7,105. She rents the house to someone for $975 a month. What is the annual net income of the investment property? (3 points)

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