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Problem 3-21 Office in the Home (L0 3.11) Cindy operates a computerized engineering drawing business from her home. Cindy maintains a home office and properly

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Problem 3-21 Office in the Home (L0 3.11) Cindy operates a computerized engineering drawing business from her home. Cindy maintains a home office and properly allocates the following expenses to her office Deprecation Utilities Real estate taxes Mortgage interest (100 percent deductible) $1,500 500 325 500 a. Assume that Cindy earns income of $4,400 from her business for the year before deducting home office expenses. She has no other expenses assodated with the business Calculate Cindy's deduction for home office expenses b. Assume that Cindy earns income of $2,600 from her business during the year before deducting home office expenses. Calculate Cindy's deduction for home office expenses

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