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Elizabeth rented her personal residence for 12 days to summer vacationers for $4,800. For the rest of the year, she and her family used the

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Elizabeth rented her personal residence for 12 days to summer vacationers for $4,800. For the rest of the year, she and her family used the home as their personal residence. She has AGI of $105,000, excluding the rental income. Related expenses for Elizabeth's personal residence for the year include the following: Real property taxes Utilities Insurance Mortgage interest Repairs Depreciation $ 4,500 5,000 900 7,000 800 15,000 What is Elizabeth's AGI after taking into consideration the rental income and related expenses for her home? Multiple Choice $100,200. $4,800. o $109,800. Talking: O $105,000

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