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Abigail's hobby is sculpting. During the current year, Abigail sold three of her sculptures for a total of $3,200. Her related expenses include $1,500 in

Abigail's hobby is sculpting. During the current year, Abigail sold three of her sculptures for a total of $3,200. Her related expenses include $1,500 in utilities, $1,200 in supplies and $900 in depreciation. Of the total expenses incurred, Abigail may deduct

1. $1,500 in utilities, $1,200 in supplies and $900 in depreciation

2. $1,500 in utilities, $1,200 in supplies, and $500 in depreciation

3. $1,500 in utilities and $1,200 in supplies

4. $0

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