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es Saved Problem 6-39 (LO 6-5) David is a college professor who does some consulting work on the side. He uses 25% of his home
es Saved Problem 6-39 (LO 6-5) 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 Consulting expenses other than home office Total costs relating to home: Interest and taxes Utilities Maintenance and repairs. Depreciation (business part only) Required: Calculate David's AGI. Note: Do not round intermediate calculations. $ 4,425 1,840 6,755 1,670 535 1,925 AGI
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