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Given the following information, calculate the funds from operation (FFO): net income: $44,245,000; gains/losses from infrequent and unusual events: $50,000; amortization of tenant improvements: $575,000;
Given the following information, calculate the funds from operation (FFO): net income: $44,245,000; gains/losses from infrequent and unusual events: $50,000; amortization of tenant improvements: $575,000; amortization of leasing expenses: $133,000; depreciation (real property): $30,906,000.
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