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Business, 28.01.2020 05:31 jay8682

Given the following information, calculate the funds from operation (ffo). net income: $1,200,000, gain/losses from infrequent and unusual events: $0, amortization of tenant improvements: $120,000, amortization of leasing expenses: $75,000, depreciation (real property): $2,675,000.
a. $195,000
b. $1,395,000
c. $2,870,000
d. $4,070,000

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