Problem 8-34 (LO 8-1, 8-2) Kelvin owns and lives in a duplex. He rents the other unit for $760 per month. He incurs the following expenses during the current year for the entire property Mortgage interest Property taxes Utilities Fixed light fixture in rental unit Fixed dishwasher in personal unit Painted entire exterior Insurance Depreciation (entire structure) $7,550 2,040 1,600 100 260 1,100 2,000 6,500 How are the above income and expenses reported on Kelvin's tax return? Personal Schedule A Schedule E 9,120 Income Mortgage interest Property taxes Utilities Fix light (rental) Fix dishwasher Paint exterior Insurance Depreciation $ 9,120