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You have been asked to develop a pro forma statement of cash flow for the coming (base) year for Summer Place Mall. The information given

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You have been asked to develop a pro forma statement of cash flow for the coming (base) year for Summer Place Mall. The information given to you is listed below. Operating Expenses: Maintenance/RepairManagement/Administration/LeasingExpenses$1,225,000$231,000 Property Taxes $1,717,500 Insurance $106,000 Other Other Information: Recurring CAPEX/Improve Allowance $162,500 Required: a. From the above data, develop a pro forma statement for a base year showing net operating income (NOi) for Summer Place

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