Question 17 (1 point) Saved Black Acres Apartment, Inc needs to compute taxable income (TI) for the preceding year and wants your assistance. The effective gross income (EGI) was $67,000; operating expenses were $11,000: $4,000 was put into a fund for future replacement of stoves and refrigerators; debt service was $35,847, of which $29.150 was interest; and the deprecation deduction was $14,890. Compute the taxable income from operations: Click here to access Excel spreadsheet a) $1,263 Ob) $3,960 Oc) $5,263 O d) $7.960 e) $11.960