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J esus is the owner of an apartment building containing ten identical apartments. Jesus resides in one apartment and rents out the remaining units. For

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esus is the owner of an apartment building containing ten identical apartments. Jesus resides in one apartment and rents out the remaining units. For 2020, the following information is available:

Gross rents $21,600

Utilities for total building 2.500

Maintenance & repairs (rental apartments only) 1,050

Advertising for vacant apartments 300

Depreciation of building (All ten units) 4,000

What amount should Jesus report as net rental income for 2020?

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