You have been asked to develop a pro forma statement of cash flow for West Office Plaza. The information given to you is listedbelow.Property Information:WEST OFFICE PLAZARentable AreaAgeNumber of Stories:Number of Tenants330,000 square feet8 years1540Financial Information:Base Rent AverageOther Income/Parking/StorageExpenses Recoverable from TenantsCurrent VacancyExpenses:Management/Administration/Security/OwnershipProperty TaxesInsurance.General Operations/Leasing Expense/MarketingUtilitiesJanitorial/CleaningBusiness TaxesOther:Recurring CAPEX/Improvement Allowance$ 20 per square feet$ 3.00 per square feet$ 4.00 per square feet5%$ 698,000$ 682,500$ 433,000$ 674,500$ 1,166,600$ 496,500$ 117,500$ 707,500Required:a. Develop a pro forma statement of cash flow for a base year showing net operating income (NOI) for West Office Plaza.WEST OFFICE PLAZA Required:a. Develop a pro forma statement of cash flow for a base year showing net operating income (NOI) for West Office Plaza.RevenueAdd:Other income (parking)Recoverable expensesLess:VacancyEffective gross incomeLess: Operating expensesBusiness taxesInsuranceOperating/LeasingManagement/AdministrationUtilitiesProperty taxesJanitorial/CleaningWEST OFFICE PLAZATotal operating expensesCap expenses/Improvement allowanceNet operating income0$00

Name: You have been asked to develop a pro forma statement of cash flow for
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Description: You have been asked to develop a pro forma statement of cash flow for West Office Plaza. The information given to you is listedbelow.Property Information:WEST OFFICE PLAZARentable AreaAgeNumber of Stories:Number of Tenants330,000 square feet8 years1

A pro forma statement of cash flow is the presentation of cash flows on which a movement of cash is…

Answered: Required: a. Develop a pro forma…

Business

Accounting

Required: a. Develop a pro forma statement of cash flow for a base year showing net operating income (NOI) for West Office Plaza.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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