Question 22 1 pts A 10,000 square foot property leases for $12 per square foot. There are no vacancies, and operating expenses are 50% of PGI. The property is purchased for $120 per square foot, with 40% down, the balance covered with a mortgage at 4% for 25 years. What is the property's cash flows after tax, to the nearest $000, assuming it is a non-residential property and the land is fully developed. The investor's tax rate is 40%. O $12,000 O $14,000 O $36,000 O $60,000