Calculate the net income or loss that Jones should include as taxable income for this hobby. Show appropriate supporting calculations. (2) During the year, Rita rented her vacation home for twelve days for $2,400. She used it personally for three months and incurred the following expenses on the home. \begin{tabular}{|l|l|r|} \hline Property taxes & $ & 2,200 \\ \hline & Mortgage interest & 10,800 \\ \hline & Depreciation & 5,000 \\ \hline & Utilities and maintenance & 1,900 \\ \hline & Insurance & 900 \\ \hline \end{tabular} Calculate her rental gain or loss and her itemized deductions (deductions from AGI). VARIOUS TAXPAYER SITUATIONS RELATING TO INCOME AND DEDUCTIONS FOR INCOME PRODUCING ITEMS (CONTINUED) \begin{tabular}{|l|l|lr|} \hline (3) & Brenda invested in the following stocks and bonds during 2022. \\ \hline & & \\ \hline & Green Corporation stock & $ & 20,000 \\ \hline & City of Falcon bonds & 80,000 \\ \hline & & \end{tabular} To finance the investments, she borrowed $100,000 from Swan Bank. Interest expense paid on the loan during 2022 was $6,000. During 2022 . Brenda received $2,400 of dividend income from Green Corporation stock and $3,200 of interest income on the municipal bonds. (a) Determine the amount of Brenda's gross income. (b) Determine the amount of Brenda's deductible interest expense