QUESTION 5 Ralph owns a house in the Hamptons, a wealthy beach resort. He and his family and friends enjoy it for most of the year themselves, but he rents it out to a tenant for ten days in August for $3,500. His expenses related to the rental come to $1,000. Those are the only days during the year that he rents it out. How much income will Ralph include in his gross income from the rental activity? O Zero. $2.500. $3.500. $4,500. QUESTION 6 Frank placed a factory in service in his business on May 1, 2021. The total cost was $2,000,000, with $128,000 of that cost allocated to the land it was on, and the rest allocated to the building itself. What is Frank's depreciation deduction for the factory in 2021? $18,000. $24.000. O $26.000 $30,000