59. LO7 Charlotte owns a custom publishing business. She uses 500 square feet of her home (2,000 square feet) as an office and for storage. All her business has come from telemarketing (telephone sales), direct mailings, or referrals. In her first year of operation, she has revenues of $37,000, cost of goods sold of S25,900, and other business expenses of $8,100. The total expenses related to her home are: $6,400 Home mortgage interest 2,100 Real property taxes 560 Insurance 800 Utilities 600 Repairs and maintenance 960 House cleaning 5,000 Depreciation (unallocated) What amount can Charlotte deduct for her home office