David rents out his vacation home for 9 months and lives in his vacation home for the remainder of the year. His gross rental income for 2021 is $7,200. The expenses attributable to the vacation home for the entire year are as follows: Real estate taxes $2,000 Interest on mortgage loan 4,000 Utilities 1,200 Repairs/maintenance 600 Depreciation 3,500 What amount would David report as net income or loss from the rental of the vacation home?