6 John maintains an office in his home that comprise 9% (200 Sq.ft.) of total floor space. income from business was $65,000 and his expenses for his residence for the year ended Decmber 31, 2020 were as follows: Real Property Taxes 15,000 Interest on Mortgage 30,000 Lawn more Expenses 3,000 Home owners dues 1,200 Mortgage on house 45,000 Utilities 4,500 Repairs 650 Depreciation House 3,000 Calculate office in home deduction based on (1) regular Method (2) Simplified Method