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47. LO.3 Adelene, who lives in a winter resort area, rented her personal residence for 14 days while she was visiting Brussels. Rent income was

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47. LO.3 Adelene, who lives in a winter resort area, rented her personal residence for 14 days while she was visiting Brussels. Rent income was $5,000. Related expenses for the year were as follows: Real property taxes $ 3,800 7,500 Mortgage interest Utilities 3,700 Insurance 2.500 2.100 Repairs Depreciation 15,000 Determine the effect on Adelene's AGI

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