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Alexa owns a condominium near Cocoa Beach in Horida. In 2022, she incurs the following expenses in connection with her condo: During the year. Alexa

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Alexa owns a condominium near Cocoa Beach in Horida. In 2022, she incurs the following expenses in connection with her condo: During the year. Alexa rented out the condo for 100 days. She did not use the condo at all for personal purposes during the year. 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 Alexa recelves $30,000 in gross rental rceipts. Required: o. What effect do the expenses assoclated with the property have on her AGl? b. What effect do the expenses assoclated with the property have on her itemized deductions

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