collected rental income from April 01, 2013 to December 31, 2013 of 39,750 per month Rental Income and Expense 378 Pinebrook 485 Atlantic Rental Income $30,000.00 $ 45,000.00 Mortgage Interest Expense $8,500.00 $7,500.00 Real Estate Taxes $3,750.00 54,200.00 Utilities $1,300.00 $2,100.00 Insurance $1,800.00 $1,500.00 Water & Sewer $1,350.00 $1,400.00 Place in Service 01/01/2003 06/01/2013 Purchase Price $450,350.00 Determine Bruce and Alice 2013 W-2 statement shows the following wages and withholdings: Bruce Alice 1) Wages $75,000 $45,000 2) FWT 12,000 10,000 3) SWT 4) CWT 6,000 5,000 4.500 4,000 The Jones also paid the following personal expenses in 2013: a. Contributions to Museum of Modern Art: i. Cash $35,000 ii. JP Morgan Chase Stock -FMV $63,000 -A/B $25,000 Real Estate Taxes on primary residence $11,000 c. Mortgage Interest on primary residence $10,000 d. Unreimbursed medical expenses $12,000 e. Student loan Interest $7,000 4