Problem $8-35($LO $8-2)$

In the current year, Sandra rented her vacation home for $75$ days, used it for personal use for $22$ days, and left it vacant for the remainder of the year. Her income and expenses before allocation are as follows:

Rental income$14,400$Real estate taxes$2,200$Utilities$2,100$Mortgage interest$4,200$Depreciation$7,000$Repairs and maintenance$1,110$

Required:

What is Sandra$$s net income or loss from the rental of her vacation home? Use the Tax Court method.

Note: Round your intermediate computations to $5$ decimal places and final answers to nearest whole dollar value.