Jacqueline Owns a Condominium on an Island in Washington Which

Multiple Choice

Jacqueline owns a condominium on an island in Washington which was rented out all year for $30,000.She incurred the following expenses: What amount of net income or loss does Jacqueline report from this rental property?

A) $0
B) $9,700 net loss
C) $20,300 net income
D) $30,000 net income