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Problem $6-35($LO $6-1,$ LO $6-2)($Algo$)$

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$[$The following information applies to the questions displayed below.$]$

In each of the following independent cases, indicate the amount

deductible for AGI,

deductible from AGI, and

deductible neither for nor from AGI before considering income limitations or the standard deduction.

Note: Leave no answer blank. Enter zero if applicable.

Problem $6-35$ Part$-$b $($Algo$)$

b$.$ Tyler paid $$122$ for minor repairs to the fence at a rental house he owned.Required information

Problem $6-31($LO $6-1)($Algo$)$

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$[$The following information applies to the questions displayed below.$]$

Rocco operates a beauty salon as a sole proprietorship. Rocco also owns and rents an apartment building. In $2024,$ Rocco had the following income and expenses. You may assume that Rocco will owe $$2,556$ in self$-$employment tax on his salon income, with $$1,278$ representing the employer portion of the self$-$employment tax. You may also assume that his divorce from Svetlana was finalized in $2016.$

Interest income $ $12,805$

Salon sales and revenue $87,360$

Salaries paid to beauticians $45,770$

Beauty salon supplies $23,500$

Alimony paid to his ex$-$wife, Svetlana $6,500$

Rental revenue from apartment building $33,020$

Depreciation on apartment building $13,400$

Real estate taxes paid on apartment building $11,500$

Real estate taxes paid on personal residence $6,531$

Contributions to charity $4,567$

Problem $6-31$ Part$-$a $($Algo$)$

a$.$ Determine Rocco's AGI.

Note: Amounts to be deducted should be indicated by a minus sign.