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Problem 14-61 (LO 14-5) (Algo) Alexa owns a condominium near Cocoa Beach in Florida. In 2022. she incurs the following expenses in connection with her

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Problem 14-61 (LO 14-5) (Algo) Alexa owns a condominium near Cocoa Beach in Florida. In 2022. she incurs the following expenses in connection with her condo: During the year, Alexa rented out the condo for 100 days. She did not use the condo at all for personal purposes during the year. Alexa's AGlfrom all sources other than the rental property is $200.000. Unless othermse specified. Alexa has no sources of passive Income. Assuming Alexa recelves $22,400 in gross rental recelpts, answer the following questions: Note: Leave no answer blank. Enter zero If applicable. Required: a. What effect does the rental activity have on her AGl for the year? b. Assuming that Alexa's AGl from other sources is $90.000. What effect does the rental activty have on Alexa's AGi? Alexa makes all decisions with respect to the property c. Assuming that Alexa's AGl from other sources is $120.000, what effect does the rental activity have on Alexa's AGl? Avexa makes all decisions with respect to the property. d. Assume that Alexa's AGl from other sources is $200,000. This consists of $141,000 salary, $12400 of diddends, $28.600 of longterm capital gain, and net rental income from another rental property in the amount of $18.000. What effect doec the Cocoa Beach condo rental activity have on Alexas AGI? Complete this question by entering your answers in the tabs below. What effect does the rental activity have on her AGI for the year

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