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Swift owns a condominium near Miami. This year, she incurs the following expenses in connection with her condo: Insurance $ 1,250 Mortgage interest 7,000 Property

Swift owns a condominium near Miami. This year, she incurs the following expenses in connection with her condo:

Insurance

$ 1,250

Mortgage interest

7,000

Property taxes

2,100

Repairs and maintenance

800

Utilities

2,300

Depreciation

9,000

During the year, she rented the condo for 130 days and she received $25,000 of rental receipts. She did not use the condo at all for personal purposes during the year. Swift is considered to be an active participant in the property. Swifts AGI from all sources other than the rental property is $120,000. She does not have passive income from any other sources. What is Swifts AGI?

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