Amount of allowable depreciation deduction? Net income or loss from hobby? If this activity were a business instead of a hobby, what would be the net income/ loss?

Income $18,000 Interest and property taxes allocable to hobby $ 8,000 Depreciation $ 4,000 Supplies and fees $ 7,000 In order to calculate the net income from the hobby, the order of the deductions is: a. Supplies and fees, interest and taxes, depreciation Depreciation, interest and taxes, supplies and fees. Interest and taxes, supplies and fees, depreciation. d. Interest and taxes, depreciation, supplies and fees. @ e e . None of the above