61. (LO4) Assuming Alexa receives $20,000 in gross rental receipts, answer the following questions: a. What effect does the rental activity have on her AGI for the year? b. Assuming that Alexas AGI from other sources is $90,000, what effect does the rental activity have on Alexas AGI? Alexa makes all decisions with respect to the property. c. Assuming that Alexas AGI from other sources is $120,000, what effect does the rental activity have on Alexas AGI? Alexa makes all decisions with respect to the property. d. Assume that Alexas AGI from other sources is $200,000. This consists of $150,000 salary, $10,000 of dividends, and $25,000 of long-term capital gain and net rental income from another rental property in the amount of $15,000. What effect does the Cocoa Beach Condo rental activity have on Alexas AGI