ed Help Save & Exit Check Rebecca is a doctor with an AGI of $142,000 before consideration of income or loss from her dog breeding business. Her home is on 15 acres, 10 of which she uses to house the animals and provide them with ample space to play and exercise. Her records show the following related income and expenses for the current year 53,350 Income from fees and sales Expensest Dog food Veterinary bulls Supplies Publications and dues $4, a5e 4,350 1,540 520 Q. How must Rebecca treat the income and expenses of the operation if the dog breeding business is held to be a hobby? b. How would your answer differ if the operation were held to be a business? Schedule C Birness income/(055) Other Income loss) Expenses - Schedule A - Misc Deduction) Schedule C Business income Other income)