Question: Draymond owns a two - flat apartment building, where he resides in one apartment with 6 5 0 square feet and rents out the other

Draymond owns a two-flat apartment building, where he resides in one apartment with 650 square feet and rents out the other apartment that has 1050 square feet. Draymond had the following expenses in the current tax year:
Utilities $3,200
Maintenance $3,400
Property taxes $2,800
Mortgage interest paid $4,900
Advertising $575
Depreciation expense on rental portion $5,500
If Draymond collects $22,000 in rental income, what is his net rental profit?

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