Linda is a bank president and a weekend artist. She regularly sells her paintings at flea markets and spends an average of 9 hours a week painting or selling. Although she made about $5,000 last year from sales of artwork, she tells her friends she would do it for free. For the current tax year, she incurs expenses of $900 primarily for admission fees to flee markets and art fairs. The $900 is

I.	deductible for AGI as a business expense.
II.	is not deductible.
III.	is deductible only because she has revenue from the activity.

	a.	Only statement III is correct.
	b.	Only statement II is correct.
	c.	Statements I and II are correct.
	d.	Statements II and III are correct.
	e.	Statements I, II, and III are correct.