Rental of Vacation Home. During the current year, Kim incurs the following expenses with respect to her beachfront condominium in Hawaii: Insurance $ 500 Repairs and maintenance 700 Interest on mortgage 3,000 Property taxes 1,000 Utilities 800 In addition to the expenses listed above, Kim could have deducted a total of $8,000 depreciation if the property had been acquired only for investment purposes. During the year, Kim uses the condominium 20 days for vacation. She also rents it out for a total of 60 days during the year, generating a total gross income of $9,000. What is the total amount of deductions for and from AGI that Kim may take during the current year with respect to the condominium? What is the effect on the basis of the condominium