Ned and Becky Harold are married and have 2 minor children, Kyle age 8, and Claire, age 6, and are filing a joint tax return for 2016. Both are employed and receive W - 2s, totaling $200,000. They had a combined $46,000 in federal tax withheld and $10,000 of state income tax withheld. Ned and Becky own two homes. Their primary residence is Lincoln Ave., Evansville, IN 47714, and their vacation home is on the beach in Fort Lauderdale, Florida. They often rent their vacation home to supplement their income. The following items related to the Harold's ownership of the two homes: The Harold family used their Fort Lauderdale home for 30 days during June and rented it for 90 days during the rest of the year. The Harolds use the IRS method for allocating income and expenses between rental and personal use. Ned and Becky also jointly purchased and sold stock in various corporations during 2016. Prior to this year, they had never bought or sold any investments. (None of the stock they bought and sold qualifies as small business stock.) Ned and Becky's social security numbers are 111-22-3333 and 444-55-6666, respectively. Kyle and Claire's social security numbers are 123-45-6780 and 888-99-1010, and both children lived with their parents for the entire year. Compute the Harold's Rental Income/Loss for the year. (Show calculations) Compute the Harold's Itemized Deductions for the year. (Show calculations) How much gain or loss did the Harolds recognize on the sale of the Lake stock? How much gain or loss did the Harolds recognize on the sale of the Bass stock? What does the Harold's stock portfolio look like at the end of the year? (# of shares and basis) What was the Harold's AGI for 2016