Countryside Acres Apartment Complex had the following transactions during the year: Rental income collected for Apts A-F $216,000 12 months prepaid rental income from new tenant in Apt G who moved in on November 1 36,000 Operating expenses (except for interest) 24,000 Prepaid interest expense on bank loan, paid in December, for 6 months (including December) 10,200

Using the accrual method, calculate the net income:

Rental income Apts A-F ________

Rental income from new tenant ________

Total income ________

Operating expenses (except for interest) ________

Prepaid interest expense ________

Total expenses ________

Total net income ________