2. Tanya Jackson bought a house and during the first year, was able to rent it for only 7
months at $620 a month. Though the house was vacant for 5 months, Tanya had to pay
average expenses of $175 a month for the whole year. She also paid $3,600 in mortgage
interest.
a. For the first year, what was Tanya's gross income?
b. What was her net income or net loss?