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Janet owns a home at the lake. She incurs the following expenses: Mortgage interest Property taxes Insurance Utilities Repairs Depreciation Required: $ 1,440 870

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Janet owns a home at the lake. She incurs the following expenses: Mortgage interest Property taxes Insurance Utilities Repairs Depreciation Required: $ 1,440 870 1,605 1,905 335 4,140 What is the proper treatment of the rental income and expenses in each of the following cases? Use the Tax Court allocation method, if applicable. Note: Round your intermediate computations to 5 decimal places and final answers to nearest whole dollar value. Case Rental Income Days Rented Personal Use Days A $ 9,350 45 10 B 12,350 55 25 C 6,350 10 30 D 22,350 365 0

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