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Show Work Please 2. Carmen owns a house that she rents out for $600 per month. Her expenses for the 2022 tax year are as

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2. Carmen owns a house that she rents out for $600 per month. Her expenses for the 2022 tax year are as follows: Carmen bought the property in March of 2006, and her basis for depreciation on the house is $110,000. She uses straight-line depreciation with a 271/2-year life, so the depreciation on the house is $4,000. Calculate Carmen's net income or loss from renting the house if her gross rental income is $7,200($60012 months

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