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Torn Brady owns a condominium in Cape Cod. During the year, he incurs the following expenses in connection with his condo$ 3 , 5 0

Torn Brady owns a condominium in Cape Cod. During the year, he incurs the following expenses in connection with his condo$3,500Mortgage interest900Property taxes650Repairs & maintenanceS1,000Insurance950Utilities8,500DepreciationDuring the year, Tom Brady rented out the condo for 75 days , receiving $10,000 of gross income. He personally used the condo for 35 days during his vacation. Assume 365 days in the current year. Determine Tom Bradys net rental income considering the specific order of tiers of rental expenses.

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