Problem 14-04 (LO 14-6) (Algo) [The followng information applies to the questions displayed below] Rita owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home (500 square feet) where she meets with clients, prepares bills, and performs other work-related tasks. Her business expenses, other than home office expenses, total $6.020. The following home-related expenses have been allocated to her home office under the actual expense method for calculating home office expenses. Also, assume that, not counting the sole proprietorship, Rita $ AGl is $64,200. Rita itemizes deductons, and her itemized deduction for non-home business taxes is less than $10,000 by more than the real property taxes allocated to business use of the home. Assume Rita's consulting business generated $16.050 in gross income. Note: Leave no answer blank. Enter zero if applicable. Problem 14.64 Part b (Algo) b. What would Rita's home office deduction be if her business generated $11,050 of gross income insteod of $16,050 ? (Answer for both the actubl expense method and the simpilfied method) Answer is complete but not entirely correct