Donna owns a condo in Sedona, AZ that she rents out for the entire year for $900 per month. Her expenses for the current tax year are as follows: Real estate taxes $1,200 Mortgage interest 5,400 Insurance 600 Condo Fee 450 General repairs 720 Donna bought the property in July of 2008, and her basis for depreciation on the house is $110,000. She uses straight-line depreciation with a 27 12-year life, so the depreciation on the house is $4,000. Instructions: Calculate Donna's net income or loss from renting the house if her gross rental income is $10,800, ($900 12 months). You must show supporting computations