David is a college professor who does some consulting work on the side. He uses 25% of his home exclusively for the consulting practice. He is single and 63 years old. His AGI (without consideration of consulting income) is $44,000. Other information follows: Income from consulting business $ 4,425 Consulting expenses other than home office 1,840 Total costs relating to home: Interest and taxes 6,755 Utilities 1,670 Maintenance and repairs 535 Depreciation (business part only) 1,925 Required:

David is a college professor who does some consulting work on the side. He uses 25% of his home exclusively for the consulting practice. He is single and 63 years old. His AGI (without consideration of consulting income) is $44,000. Other information follows: Required: Calculate David's AGI Note: Do not round intermediote calculations