What follows is a senes of questions related to the discussion we had in class concorning a REITs financial statements. For reference, please refer to the Excel file 2nd Quarter REIT Financial Statements, Tab FFO Lers make the following assumptions about a simplifiod REIT income staternent. (All of the numbers aro in m tilons) 250 in fovenues, 160 in operating expenses, 58 in depreciation, 100 shares outstanding, 9 in Leasing Commissions and Cap Expenditures, 40%6 tax rate What is the REITs Adjusted Funds from Operations? 70 81 58 52