Business & Finance Homework Help
1.The third year GPI / PGI per the summary above is $190,962 .What
1 2 3 II 55130.000 18,000 18,540 19,096 19,669“2,000 166,360 111,866 177,022 Pawntial Gross hem {POI}- “one? and Collection Lox:== Efi’cctive Gross Imam: (E01) – Operating Expmsawh‘) 44,340 44.744 44.746 mac-9- Cupilal Expwdinm (c.4144) 3,100 3,343 3,593 3,454mayhem {N011 filial ” “@1324? ‘ $94,521 545,342 _— Debi smips) 53.444 53.444 453344 43,444 53,”= Befm Tax Cash FlowiB‘l‘CF) $30,656 $33,329 $36,032 £38,“ 3 $41,839’ — lax Liability (mm 4,645 3,653 9.708 10,798 6,951 = Afierh Tax Cash Flow (Milt) 23,01 I 24,6?l 251374 28, _1_ [9 34,887The Reversion Sales Price $1 ,033,000 m ”m,”- Selling Exgenses – 58,300=Net Sales Proceeds 974,700- Remaining Mortgage Balance 4331.026=Before Tax (Equity) Reversion 343,674- Taxes Due on Sale – 32,032 = After Tax (Equity) Reversion $31 1,642