Bill Is the Owner of a House with Two Identical $$\begin{array} { l r } \text { Utilities } & \$ 3,600 \\\text { Maintenance and repairs } & 900 \\\text { Insurance } & 500\end{array}$$

question 40

Multiple Choice

Bill is the owner of a house with two identical apartments.He resides in one apartment and rents the other apartment to a tenant.The tenant made timely monthly rental payments of $550 per month for the months of January through December 2018.The following expenses were incurred on the entire building: $$\begin{array} { l r } \text { Utilities } & \$ 3,600 \\\text { Maintenance and repairs } & 900 \\\text { Insurance } & 500\end{array}$$ In addition, depreciation allocable to the rented apartment is $1,500.What amount should Bill report as net rental income for 2018?

• A)$0
• B)$100
• C)$1,400
• D)$2,600
• E)None of the above

---

Definitions:

Video Endorsement

A promotional video where a person speaks in favor of a product, brand, or service, usually for marketing purposes.

Personal Story

A narrative shared by an individual about their own experiences, often used to connect with others on a personal level in various media.

Recommendation Indicators

Metrics or signals used to gauge the appropriateness or quality of a suggestion, aiding in decision-making processes.

Personalized Product Endorsements

Personalized product endorsements involve the use of specific messages or promotions tailored to the individual preferences or characteristics of the audience to enhance the effectiveness of marketing campaigns.