How did we arrive at the net rental income (expense) of 300?

During 2016, Kaleb, a 40year-old single taxpayer,reports the following items of income and expense (Click the icon to view the data.) (Click the icon to view the standard deduction and personal and dependency exemption amounts.) Requirement Assuming all of these items are deductible and that the amounts are before an limitations, what is Kaleb's taxable income for the year? Select the labels and caculate Kaleb's adjusted gross income, then calculate his taxable income. (For accounts with zero balances, select the label and enter a "o. Use a minus sign or parentheses for expenses and/or losses. Round any applicable AGI floors to the nearest whole dollar.) Income: Alimony Salary Dividends Interest income Net rental income (expense) Loss on sale of stock Adjusted gross income Minus: Itemized deductions Charitable contributions Medical Real property taxes principal residence Mortgage interest-principal residence Casualty loss Miscellaneous itemized deductions Total itemized deductions (10,400) 180,000 1,300 1,700 300 170,600 (3,800) (3.900) (7,400) (15,100) Personal exemption Taxable income 151.450