37 - Betty is self-employed with $52,000 AGI. Betty maintains a home office that is used regularly and exclusively for her business. The office takes up 5% of Betty's 2,500 square feet home. Betty also has the following expenses associated with her home:

Expense	Amount
Real property taxes on residence	$	3,500
Interest expense on residence	$	5,000
Operating expenses on residence	$	1,800
Depreciation on residence (based on 5% home office use)	$	200

Assuming Betty takes the standard deduction, what is the maximum amount, if any, that Betty may deduct on her tax return for the home office?

Multiple Choice

• $525

• $625

• $0

• $715