Lucy has AGI of $127,000 before considering losses from some rental real estate she owns (she actively participates). She had the following losses from her rental property:

Rental property 1	$ (26,500)
Rental property 2	(10,500)

Lucy has AGl of $127,000 before considering losses from some rental real estate she owns (she actively participates). She had th following losses from her rental property: Rental property (26,50) Rental property : (10,500) Requlred: a. How much of the losses can Lucy deduct? b. If Lucy's AGI before the losses was $93,000, how much of the losses can she deduct? Complete this question by entering your answers in the tabs below. How much of the losses can Lucy deduct? Note: Do not round intermediate calculations and round your final answers to nearest whole dollar amount. Lucy has AGI of $127,000 before considering losses from some rental real estate she owns (she actively participates). She had the following losses from her rental property: RentalpropertyRentalproperty;(26,500)(10,500) Required: o. How much of the losses can Lucy deduct? b. If Lucy's AGI before the losses was $93.000, how much of the losses can she deduct? Complete this question by entering your answers in the tabs below. If Lucy's AGI before the losses was $93,000, how much of the losses can she deduct? Note: Do not round intermediate calculations and round your final answers to nearest whole dollar amount