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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

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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 $44,500. Other Information follows: $4,475 1,880 Income from consulting business Consulting expenses other than home office Total costs relating to home: Interest and taxes Utilities Maintenance and repairs Depreciation (business part only) 6,785 1,690 545 1,975 Calculate David's AGI. AGI

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