Taxpayers Jerry and June, ages 39 and 35 file MFJ in 2019 and have 1 dependent Johnny age 8. Their income is:

Jerry's wages 81,000

June's wages 59,000

Interest income 4,000

Rental income 25,000

Rental mortgage interest 12,000

Rental property tax 7,000

Rental repairs 1,500

Depreciation on rental 3,500

K-1 income from limited partnership -3,300

Find the net rental income/loss, Net passive income/loss, AGI, Passive loss carryover. Select A,B,C, or D

Net rental income/loss [ Select ] [A. 1,000 loss, B. 1,000 income, C. 25,000 income, D. 0 ]

Net passive income/loss [ Select ] [A. -3,300, B. -1,000, C. -2,300, D. -5,000 ]

AGI [ Select ] [A. 144,000, B. 145,000, C. 140,000, D. 150,000 ]

Passive loss carryover [ Select ] [A. -3,300, B. 3,000, C. -1,000, D. -2,300 ]