Câu 19: CPA Test: Certified Public Accountant Test: Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, Regulation

Barkley owns a vacation cabin that was rented to unrelated parties for 10 days during the year for $2,500. The cabin was used personally by Barkley for three months and left vacant for the rest of the year. Expenses for the cabin were as follows:Real estate taxes $1,000 -Maintenance and utilities $2,000How much rental income (loss) is included in Barkley's adjusted gross income?

1. A. $0 — đáp án hiện tại
2. B. $500
3. C. $(500)
4. D. $(1,500)