Chapter 8 HW Saved Help Save & Exit Submit Check my work 3 Randolph and Tammy own a second home. They spent 45 days there and rented it for 88 days at $156 per day during the year. The total costs relating to the home include the following: 15 Mortgage interest $ 4,620 points Property taxes 1,260 Insurance 1, 890 Utilities 2,390 Repairs 1,530 Depreciation 6, 620 Book Required: a. What is the tax treatment of these items relating to second home under Tax Court allocation method? b. What is the tax treatment of these items relating to second home under IRS allocation method? Print c. Which of the methods is preferred? References Complete this question by entering your answers in the tabs below. Required A Required B Required C What is the tax treatment of these items relating to second home under Tax Court allocation method? (Round your intermediate computations to 5 decimal places and final answers to nearest whole dollar value). Tax Court Method - Personal Schedule E Income Mortgage interest Property taxes Insurance Utilities Repairs