Question 7 1 points A commercial property's will generate a potential gross income (PGI) of S100,000 next year. After that it will increase by 3% annually. Vacancy and collection losses: 10% per year. Operating expenses: 30% of effective gross income (EGT) cach year. Capital expenditures: 10% of EGF cach year. Total acquisition price for the property was $800,000. A loan for 80% of the property price tag was taken to finance the purchase. The loan has an interest rate of 8%, amortization term of 30 years and fixed monthly payments. What is before tax cash flow (BTCF) in year 2? Below -3,000 Between -3,000 and -2,000 OB Between -2,000 and -1,000 OD Between -1,000 and O Between 0 and 1,000 Between 1,000 and 2,000 OG Above 2,000