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Cindy maintains an office in her home that comprises 22% (390 square feet) of total floor...

Cindy maintains an office in her home that comprises 22% (390 square feet) of total floor space. Gross income for her business is $50,150, and her residence expenses are as follows:

Real property taxes $4,668
Interest on mortgage 7,780
Operating expenses 3,890
Depreciation (based on 22% business use) 4,835

If required, round your final answer to the nearest dollar.

What is Cindy's office in the home deduction based on:

a. The regular method?

b. The simplified method?

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