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:
Fossil Fuels
Natural fuels such as coal, oil, and natural gas, derived from the decomposed remains of plants and animals, used primarily for energy.
Subsidies
Financial support provided by governments to lower the cost of goods and services or to support industries seen as vital to the economy.
Tax Breaks
Financial incentives or reductions in taxation aimed at encouraging certain activities or investments, or to benefit individuals or corporations in specific ways.
Fossil-fuel Processing Industries
Industries involved in the refinement and conversion of fossil fuels into usable products such as gasoline, diesel, and other energy sources.
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