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Required information (The following information applies to the questions displayed below.) Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs her

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Required information (The following information applies to the questions displayed below.) Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs her condo: following expenses in connection with Insurance Advertising expense Mortgage interest Property taxes Repairs maintenance Utilities Depreciation $1.000 500 3,500 900 650 950 8.500 During the year, Natalie rented out the condo for 75 days, receiving $10,000 of gross income. She personally used the condo for 35 days during her vacation. Assume Natalie uses the IRS method of allocating expenses to rental use of the property. (For all requirements, do not round apportionment ratio. Round all other values to the nearest whole dollar amount.) Required: a. What is the total amount of for AGI (rental) deductions Natalie may deduct in the current year related to the condo? b. What is the total amount of itemized deductions Natalie may deduct in the current year related to the condo? c. If Natalie's basis in the condo at the beginning of the year was $150,000, what is her basis in the condo at the end of the year? d. Assume that gross rental revenue was $2,000 (rather than $10,000). What amount of for AGI deductions may Natalie deduct in current year related to the condo (assuming she itemizes deductions before considering deductions associated with the conde

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