all 4 please

Question 55 of 75. Mike renovated his rental home and has the following expenditures: $1,200 for removal and replacement of drywall, $500 for painting the drywall, $600 for an electrician to run cable and replace light fixtures, $150 for light bulbs, and $13,000 to replace all the tile floors. How much of the renovation will be considered an improvement if no special election is made? $13,000 $14,200 $14,800 $15.450 Mark for follow up Question 56 of 75. Which of the following sources of rental income will be considered passive? O A bed and breakfast where the taxpayer provides personal care items, daily cleaning services, and breakfast. O A single family home where the taxpayer makes management decisions regarding tenants and expenses. O A single family home where the taxpayer purchased and renovated the property with the intention of making a quick profit A vehicle where the taxpayers provides no personal services and does not participate in the activity Mark for follow up Question 57 of 75. Sean owns a flat-bed trailer which he rents out to clients almost daily for a profit. Where will Sean report rental income from the personal property? Form 1040, line 1 Schedule 1, line 8 O Schedule C, line 1 O Schedule E, line 3 Mark for follow up Question 58 of 75. Nancy converted her personal home to a rental in 2019 when the building improvements were valued at $233,000. She originally purchased the home and land for $300,000. When purchased, 25% percent of the value was allocated to the land on the county property tax assessment. There have been no improvements or other adjustments to basis since 2019. What is Nancy's basis for depreciation when converted in 2019? O $174,750 $225,000 O $233,000 0300, ooo