Question 2 10 pts Using the following information, determine the net operating income (NOI) for the first year of operations of the subject property using "below-line" treatment of capital expenditures. Number of units: 4 Market rent per unit per month: $2,500 Miscelaneous Income per year: $0 V&C Loss: 15% of PGI Operating Expenses: 552,000 CAPX: 10% of EGI 549800 550.000 558.000 590.000