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Help Save & Ekle A corporation (Rentco), in the business of operating residential rental properties, owned a class 1 building with undepreciated capital cost (UCC)

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Help Save & Ekle A corporation (Rentco), in the business of operating residential rental properties, owned a class 1 building with undepreciated capital cost (UCC) of $100,000. Rentco received rents of $72,000 and a $1.000 deposit on 202Trent. Total interest, utilities and property tax expenses were $15,000. Rentco also paid $10,000 to replace the old shingle roof with a metal roof What would be Rentco's rental income for tax purposes in 2020? Multiple Choice $52.400 $57.000 $43,000 o dd

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