Astrip mall generates $215,000 in effective rental income and $3,000 in other income. the same mall has $102,000 in operating expenses and $15,000 as reserves. what is the net operating income ofthe strip mall?

a. $113,000
b. $99,000
c. $101,000
d. $116,000

$116,000

Step-by-step explanation:

The net operating income will be the operation profit after deducting the expenses from the accrued revenue (reserve exclusive)

The revenue generated are $215,000 + $3,000

= $218,000

Expenses incurred;

$102,000

The net operating income = $218,000 - $102,000

= $116,000

Note that reserves is not used in business operation. Therefore it cannot be regarded either as revenue or expenses.

i think 1: 2

step-by-step explanation:

45

step-by-step explanation: