Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo:

Insurance	$	1,480
Advertising expense	$	575
Mortgage interest	$	4,850
Property taxes	$	1,230
Repairs & maintenance	$	580
Utilities	$	650
Depreciation	$	9,500

During the year, Natalie rented out the condo for 86 days, receiving $24,750 of gross income. She personally used the condo for 47 days during her vacation.

Assume Natalie uses the Tax Court method of allocating expenses to rental use of the property. Assume 365 days in the current year. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.)

Problem 14-59 Part a

a. What is the total amount of for AGI (rental) deductions Natalie may deduct in the current year related to the condo (assuming she itemizes deductions before considering deductions associated with the condo)?

For AGI Dedeuctions_____??

Problem 14-59 Part b

b. What is the total amount of itemized deductions Natalie may deduct in the current year related to the condo?

Itemized Decustions______??

Problem 14-59 Part c

c. If Natalies basis in the condo at the beginning of the year was $162,000, what is her basis in the condo at the end of the year?

Basis in the Condo_____??

Problem 14-59 Part d

d. Assume that gross rental revenue was $2,950 (rather than $24,750). What amount of forAGI deductions may Natalie deduct in the current year related to the condo?

For AGI Dedeuctions_____??