Corp. A reports the following rental activity: Rent income collected $36000 Rental expenses: advertising 800
accounting
Description
Corp. A reports the following rental activity: Rent income collected $36000 Rental expenses: advertising 800 commissions 2400 depreciation 3000 interest expense 4100 real estate tax 5000 repairs 900 utilities 11000 total rent expenses 17300 total expenses 18700 what is Corp. A's adjusted income from rent?
