$$200,000.$ Unless otherwise specified, Alexa has no sources of passive income.

Assume that in addition to renting the condo for $130$ days, Alexa uses the condo for $8$ days of personal use. Also assume that Alexa receives $$38,750$ of gross rental receipts, her itemized deductions exceed the standard deduction before considering expenses associated with the condo, and her itemized deduction for non$$home business taxes is less than $$10,000$ by more than the real property taxes allocated to rental use of the home. Answer the following questions:

Problem $14-62$ Part a $($Algo$)$

a$.$ What is the total amount of for AGI deductions relating to the condo that Alexa may deduct in the current year? Assume she uses the IRS method of allocating expenses between rental and personal days.

Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.

$$200,000.$ Unless otherwise specified, Alexa has no sources of passive income.

Assume that in addition to renting the condo for $130$ days, Alexa uses the condo for $8$ days of personal use. Also assume that Alexa receives $$38,750$ of gross rental receipts, her itemized deductions exceed the standard deduction before considering expenses associated with the condo, and her itemized deduction for non$$home business taxes is less than $$10,000$ by more than the real property taxes allocated to rental use of the home. Answer the following questions:

Problem $14-62$ Part a $($Algo$)$

a$.$ What is the total amount of for AGI deductions relating to the condo that Alexa may deduct in the current year? Assume she uses the IRS method of allocating expenses between rental and personal days.

Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.