Question: Problem 6-49 (C) (LO. 3) During the year, Lester rented his vacation home for 34 days, used it personally for 6 days, and left it

Problem 6-49 (C) (LO. 3) During the year, Lester rented his

Problem 6-49 (C) (LO. 3) During the year, Lester rented his vacation home for 34 days, used it personally for 6 days, and left it vacant for 325 days. He had the following income and expenses: $8,400 Rent income Expenses Real estate taxes Interest on mortgage Utilities $3,200 6,800 1,000 Ordinary repairs 400 Depreciation 3,100 Compute the following: If required, round your answers to the nearest dollar. If an amount is zero, enter "O". a. Gross rental income: 8,400 Total rental expenses:

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