Blake operated as a sole proprietor, reported on Schedule C (Form 1040). He used 350 square feet of his 2,100-square-foot rented loft exclusively and regularly for business. Blake used the cash accounting method and had the following income and expenses for his financial planning business: Gross receipts: $36,960 Expenses: Advertising: $80 Business insurance: $685 Business license: $100 Comprehensive health insurance (entire year): $7,788 Office supplies: $76 Postage: $38 Rent (entire year): $14,400 Renter's insurance (entire year): $1,055 Second phone line, exclusively for business: $103 Tax preparation (allocated to business): $350 Utilities (entire year): $2,281. Blake closed his business on April 1, 2018. He had no carryover losses and all assets were fully depreciated. If Blake elects to use actual office-in-home (OIH) expenses, what is the amount of his deduction? O $648 O $739 O $2,576 O $2,957 Mark for follow up