Question 47 (1 point) A tenant leases 2,600 of usable square feet at $12 per square foot (per year). The office building has an R/U ratio of 1.30. How much does the tenant pay in annual rent? Excel $24,000 $28,167 $31,200 $40,560 Question 43 (1 point) Common area maintenance (CAM) is $2.25 per square foot in 2021 (based on a fully occupied property) and scheduled to rise by 3% each year thereafter. The CAM expense is 40% fixed. Vacancy in 2023 is projected to be 20%. What is the CAM expense projected to be in 2023? Excel $1.58 per SF $1.62 per SF $2.04 per SF $2.10 per SF $2.20 per SF