Question 3 (4 points) How much is the before-tax equity reversion if the future sales price at the end of the project is expected to be $333,500, the selling costs are 6% of the sales price, and the loan balance at the end of the project is estimated to be $222,915? (Multiple Choice) $90,575 $100,575 $80,575 $110,575 Question 4 (4 points) How much is the before-tax cash flow of a given year if the year's potential gross income is $48,438, effective gross income is $44,321, net operating income is $30,363, and debt service is $16,691? (Multiple Choice) $13,671 $31,747 $27,630 $30,363 Question 3 (4 points) How much is the before-tax equity reversion if the future sales price at the end of the project is expected to be $333,500, the selling costs are 6% of the sales price, and the loan balance at the end of the project is estimated to be $222,915? (Multiple Choice) $90,575 $100,575 $80,575 $110,575 Question 4 (4 points) How much is the before-tax cash flow of a given year if the year's potential gross income is $48,438, effective gross income is $44,321, net operating income is $30,363, and debt service is $16,691? (Multiple Choice) $13,671 $31,747 $27,630 $30,363