Jacqueline Owns a Condominium on an Island in Washington That

question 39

Multiple Choice

Jacqueline owns a condominium on an island in Washington that was rented out all year for $30,000.She incurred the following expenses: $\begin{array}{lr}\text { Mortgage interest } & 1,300 \\\text { Property taxes } & 800 \\\text { Insurance } & 1,500 \\\text { Utilities } & 1,800 \\\text { Repairs } & 300 \\\text { Depreciation } & 4,000\end{array}$ 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

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Definitions:

Dysthymic Disorder

Dysthymic Disorder, now known as Persistent Depressive Disorder, is a long-term form of depression marked by persistent low mood and other depressive symptoms.

Hopelessness

Sense that the future is bleak and there is no way to make it more positive.

Persistent Depressive Disorder

A form of depression that lasts for at least two years, characterized by a persistent depressed mood and other symptoms.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification system for mental disorders published by the American Psychiatric Association.