Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: $ 4,300 11,550 4,300 1,410 5,000 19,500 Insurance Mortgage interest Property taxes Repairs and maintenance Utilities Depreciation During the year, Alexa rented out the condo for 157 days. Alexa's AGI from all sources other than the rental property is $200,000. Unless otherwise specified, Alexa has no sources of passive income. Assume there are 365 days in the year. Assume that in addition to renting the condo for 157 days, Alexa uses the condo for 8 days of personal use. Also assume that Alexa receives $45,750 of gross rental receipts. Answer the following questions: (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) a. What is the total amount of for AGI deductions relating to the condo that Alexa may deduct in the current year? Assume she uses the IRS method of allocating expenses between rental and personal days. (Amounts to be deducted should be indicated with a minus sign.) Gross rental income Expenses: Insurance Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation Less: total expenses Balance-net rental income Total "for AGI" deductions b. What is the total amount of from AGI deductions relating to the condo that Alexa may deduct in the current year? Assume she uses the IRS method of allocating expenses between rental and personal days. From AGI deductions Hardaway earned $143,000 of compensation this year. He also paid (or had paid for him) $5,750 of health insurance (not through an exchange). Ignoring the effects of Social Security and self-employment taxes, what is Hardaway's AGI in each of the following situations? a. Hardaway is an employee, and his employer paid Hardaway's $5,750 of health insurance for him as a nontaxable fringe benefit. Consequently, Hardaway received $137,250 of taxable compensation and $5,750 of nontaxable compensation. Hardaway's AGI b. Hardaway is a self-employed taxpayer, and he paid $5,750 of health insurance himself. He is not eligible to participate in an employer-sponsored plan. Hardaway's AGI