Darius and Chantal Own a Cabin in Lake Arrowhead,California

Multiple Choice

Darius and Chantal own a cabin in Lake Arrowhead,California.During the year,they rented it for 45 days for $10,000 and used it for 12 days for personal use.The house remained vacant for the remainder of the year.The expenses for the house included $9,000 in mortgage interest,$2,000 in property taxes,$1,000 in utilities,$600 in maintenance,and $3,000 in depreciation.What is their net income or loss from their cabin (without considering the passive loss limitation) ? Use the IRS method for allocation of expenses.(Round your answer to the nearest whole dollar. )

A) $0
B) $2,316 net loss
C) $5,600 net loss
D) $10,000 net income