Problem 8-37 (LO 8-2) 850 Mort and Morie own a vacation home at the beach. During the year, they rented the house for 42 days (6 weeks) at $965 per week and used it for personal use for 58 days. The total costs of maintaining the home are as follows: Mortgage interest $ 4,500 Property taxes Insurance 1,425 Utilities 3,425 Repairs 1,975 Depreciation 5,800 Required: a. What is the proper tax treatment of this information on their tax return using the Tox Court method? (Round your intermediate computations to 5 decimal places and final answers to nearest whole dollar value.) Answer is not complete. IS Income Mortgage interest Property taxes Insurance Utilities Schedule E Schedule OX 0 $ 3.717 5 619 0 3,4253 0 1,975 0 5,800 0 (11 200) IS Repairs Depreciation Not income 5 us b. Are there options available for how to allocate the expenses between personal and rental use? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Tax court method IRS method Direct allocation method Appropriation method Only rental method