Alex, who is single, conducts an activity in 2018 that is appropriately classified as a hobby. The activity produces the following revenues and expenses:

Revenue	$18,000
Property taxes	3,000
Materials and supplies	4,500
Utilities	2,000
Advertising	5,000
Insurance	750
Depreciation	4,000

-Without regard to this activity, Alex's AGI is $42,000.

-Determine the amount of Alex's taxable income assuming he has not other itemized deductions.

What is the taxable income?