An investor has gathered the following data, presented on an annual basis, for an apartment complex that is being considered for purchase: Gross potential rental income $176000 Insurance and taxes$15000 Utilities $11400 Repairs and maintenance $17350 Depreciation$21000 The annual net operating income (NOI) for the apartment complex is closest to:()
A. $100000.
B. $116000.
C. $132250.