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Required information (The following information applies to the questions displayed below. Alexa owns a condominium near Cocoa Beach in Florida. In 2021, she incurs the

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Required information (The following information applies to the questions displayed below. Alexa owns a condominium near Cocoa Beach in Florida. In 2021, she incurs the following expenses in connection with her condo: Insurance $ 2,700 Mortgage interest 7,550 Property taxes 2,560 Repairs & maintenance 1,750 Utilities 3,900 Depreciation 16,250 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. Assuming Alexa receives $22,800 in gross rental receipts, answer the following questions: (Leave no answer blank. Enter zero if applicable.) a. What effect does the rental activity have on her AGI for the year? AGI no effect b. Assuming that Alexa's AGI from other sources is $90,000, what effect does the rental activity have on Alexa's AGI? Alexa makes all decisions with respect to the property. AGI decreases by C. Assuming that Alexa's AGI from other sources is $120,000, what effect does the rental activity have on Alexa's AGI? Alexa makes all decisions with respect to the property, AGI decreases by d. Assume that Alexa's AGI from other sources is $200,000. This consists of $139,500 salary, $12,800 of dividends, $29,200 of long-term capital gain, and net rental income from another rental property in the amount of $18,500. What effect does the Cocoa Beach Condo rental activity have on Alexa's AGI? AGI decreases by

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