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QUESTION 26 Mackensie owns a condominium in the Rocky Mountains. During the year, Mackensie uses the condo a total of 23 days. The condo is

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QUESTION 26 Mackensie owns a condominium in the Rocky Mountains. During the year, Mackensie uses the condo a total of 23 days. The condo is also rented to tourists for a total of 77 days and generates rental income of $10.900. Mackensie incurs the following expenses in the condo: Expense Mortgage interest Property taxes Utilities Insurance Depreciation Amount S 5000 3.500 2.500 1.800 11,000 Using the court's method of allocating expenses, the amount of depreciation that Mackensie may take with respect to the rental property will be $11,000 58,470 52,321 55.796

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