Arbor, Inc., an exempt organization, leases land, building, and machinery to a tenant for a 5-year period.The rent income for the land and building is $600,000 per year and that from the related machinery is $90,000 per year.Expenses incurred by Arbor for the land and building during the year are $65,000 and those for the machinery are $38,000.Net unrelated business income, which includes the above rental income and expenses, is $850,000.Calculate Arbor's unrelated business taxable income.

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The Answer of Arbor, Inc., an exempt organization, leases land, building, and machinery to a tenant for a 5-year period.The rent income for the land and building is $600,000 per year and that from the related machinery is $90,000 per year.Expenses incurred by Arbor for the land and building during the year are $65,000 and those for the machinery are $38,000.Net unrelated business income, which includes the above rental income and expenses, is $850,000.Calculate Arbor's unrelated business taxable income.