Jamari conducts a business with the following results in 2021: Revenue Depreciation on a $20,000 3,960 Operating expenses of car Rant 3.100 6.000 Wages Amortization of Intangibles 8,200 680 Jamari estimates that due to a depressed real estate market, the value of land owned by the business declined by $5.200. . Calculate the effect of Jamaris business on his AGI, Jamani's business has a net loss of which is reported Mon his tax retum b. How would your answer in part (a) change if the activity was a hobby? If the activity was a hobby. Jamani will report as income of his expenses retum. se deductible on his tax