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Cindy, who is self-employed, maintains an office in her home that comprises 12 % (210 square feet) of total floor space. Gross income for her

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Cindy, who is self-employed, maintains an office in her home that comprises 12 % (210 square feet) of total floor space. Gross income for her business is $46,400, and her residence expenses are as follows: Real property taxes $3,516 Interest on mortgage 5,860 Operating expenses 2,930 Depreciation (based on 12% business use) 6,155 If required, round your final answer to the nearest dollar. a. What is Cindy's office in the home deduction based on the regular method? b. What is Cindy's office in the home deduction based on the simplified method

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