Stephen and Joy own a duplex in Newport Beach,CA.They live in one unit and rent the other to another couple.Their rental income for the year was $24,000.They incurred the following expenses for the entire duplex: 
What amount of net income from the duplex should Stephen and Joy report for the current year?
Definitions:
Instrumentality
The perception that a particular level of performance will result in the attainment of desired outcomes or rewards.
Work-related Outcomes
Consequences or results that arise in a professional environment, impacting employee performance, satisfaction, or company achievements.
Successful Performance
Denotes achieving or exceeding the set goals, objectives, or standards in a given task, project, or organizational achievement, often measured against predetermined benchmarks.
Externally Imposed Goals
Objectives set by outside entities or stakeholders, not originating from within the organization itself, that influence its direction and strategies.
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