Please assist on my accounting homework thank you very much. This is all the information that I have for this question.

Colin , a self- employed consultant , uses a room of his home as a business office . This room represents 10 percent of the home's square* footage . This year , Colin incurred the following expenses in connection with his home ! Home mortgage interest $12 , 980 Property tax on residence 2 , 200 Homeowner 's insurance* 1 , 475 Utilities 2 , 100 Furnace repairs 300 Colin purchased the home in 2000 for $225, 000 . For MACRS depreciation purposes , he allocated $185, 000 to the building and $40, 000 to the land . Use Table 7.4 . a . If Colin's gross business income exceeded his operating expenses by $75, 000, compute his net profit for the year . b. If Colin's gross business income exceeded his operating expenses by $1, 800 , compute his net profit for the year . @ Answer is not complete . Complete this question by entering your answers in the tabs below . Required A Required B If Colin's gross business income exceeded his operating expenses by $ 1, 8:00, compute his net profit for the year . Net profit