Elizabeth rented her personal residence for 12 days to summer vacationers for $4,800.Rest of the year,she and her family used the home as their personal residence.She has AGI of $105,000,excluding the rental income.Related expenses for Elizabeth's personal residence for the year include the following:
What is Elizabeth's AGI after taking into consideration the rental income and related expenses for her home?
A) $4,800.
B) $100,200.
C) $105,000.
D) $109,800.
Correct Answer:
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