Required information Problem 6-40 (LO 6-2) The following information applies to the questions displayed below.] Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: Insurance Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation 2,e00 6,58e 2,e80 1,480 2,500 14,588 During the year, Alexa rented out the condo for 100 days. She did not use the condo at all for personal purposes during the year. Alexa's AGI from all sources other than the rental property is $200,000. Unless otherwise specified, Alexa has no sources of passive income. Assume there are 365 days in the year. Assume Alexa recelves $30,000 in gross rental recelpts. a. Compute Alexa's net rental income. (Amounts to be deducted should be indicated with a min Gross rental income Insurance Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation 0 Less: total expenses Balance-net rental income