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Required information Problem 14-59 (LO 14-5) (Algo) [The following information applies to the questions displayed below.] Natalie owns a condominium near Cocoa Beach in

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Required information Problem 14-59 (LO 14-5) (Algo) [The following information applies to the questions displayed below.] Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: Insurance Advertising expense Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation $1,390 895 5,350 1,310 1,420 1,460 8,600 During the year, Natalie rented out the condo for 90 days, receiving $33,500 of gross income. She personally used the condo for 41 days during her vacation. Natalie's itemized deduction for nonrental taxes is less than $10,000 by more than the property taxes allocated to the rental use of the property. Assume Natalie uses the Tax Court method of allocating expenses to rental use of the property. Assume 366 days in the current year. (Do not round apportionment ratio. Round all other dollar values to the nearest whole dollar amount.) Problem 14-59 Part a (Algo) a. What is the total amount of for AGI (rental) deductions Natalie may deduct in the current year related to the condo (assuming she itemizes deductions before considering deductions associated with the condo)? For AGI deductions

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