15 Margaret started her own business in the current year and will report a profit for her first year. Her results of operations are as follows: Gross income Travel Contribution to Presidential Election Campaign $45,000 1,000 100 Entertainment in total Transportation 5,725 miles, using standard mileage method ? 4,200 450 Nine gifts at $50 each Rent and utilities for apartment in total (25% is used for a home office) 10,500 What is the net income Margaret should show on her Schedule C? Show the calculation of her taxable business income. Gross income Expenses (describe each) Save and Submit to save and submit. Click Save All Answers to save all answers. Sav