10. The following taxpayers rent living space to college students in 2020. Compute the tax consequences of their activities by completing the last column with a heading. (12 points) Taxpayer AGI* Cash rental Rental Rents collected Taxable Income or (Deductible Loss) expenses property depreciation A 10,000 500,000 2,000 4,000 B 10,000 90,000 2,000 39,000 10,000 160,000 2,000 39,000 10,000 120,000 2,000 39,000 E** 10,000 90,000 2,000 39,000 *Not considering this rental activity **Unlike the other taxpayers, E is an absentee owner who uses a property management company to handle the rental 10. The following taxpayers rent living space to college students in 2020. Compute the tax consequences of their activities by completing the last column with a heading. (12 points) Taxpayer AGI* Cash rental Rental Rents collected Taxable Income or (Deductible Loss) expenses property depreciation A 10,000 500,000 2,000 4,000 B 10,000 90,000 2,000 39,000 10,000 160,000 2,000 39,000 10,000 120,000 2,000 39,000 E** 10,000 90,000 2,000 39,000 *Not considering this rental activity **Unlike the other taxpayers, E is an absentee owner who uses a property management company to handle the rental