Nancy is a self-employed consultant who uses 10% of her residence as an office. The office is used exclusively for business and is frequented by customers on a regular basis. Nancy also uses her Kden as an office (12% of the total floor space of her home) to prepare bills and keep records. However, the den is also used by her children as a TV room. In 2022, Nancy's net income from the consulting business (other than her home office expenses) amounts to $40,000 in 2022. She also incurs $1,400 of expenses directly related to the office (eg, painting of the office, window blinds) Nancy incurs the following expenses in 2022 related to her residence View the expenses. Read the requirements Requirement a. Which of the expenditures above (if any) are deductible for 2022? Are they for AGI or from AGI deductions? Complete the table below to show the amount and classification of each of expense in (Nancy is electing to use the "actual expenses" rather than the "safe harbor method. Complete all input fields Enter a "0" if an amount is not deductible) Type of Amount of Deduction Direct home office expenses $ 1,400 Indirect home office expenses Real estate taxes $ 2,000 Mortgage interest 5,000 Insurance 500 Depreciation 3,500 Repairs and utilities 1,000 Total indirect home office expenses Total expense for office in home Deduction