Chris runs a business out of her home. She uses 500 square feet of her home exclusively for the business. Her home is 2500 square feet in total. Chris had $36,000 of business revenue and $32,000 of business expenses from her home business. The following expenses relate to her home:

Mortgage interest. $12,400 Real estate taxes. $1,800 Repairs. $3,200 Utilities. $2,600 Insurance. $650 Depreciation (on business use portion of home) $1,750

What is Chris' net income from her business and the amount of expenses carried over to the following year, if any?