Problem 6-45 (a) (LO. 3) Malaika makes quilts in her spare time. She earned $8,200 selling the quilts during the year and incurred expenses as follows: Supplies $6,500 Depreciation on quilting machine 2,100 Printing flyers for advertising 125 Postage and shipping to deliver 500 quilts Total $9,225 Her AGI, without considering the effect of the sales of the quilts, is $65,000. If an amount is zero, enter "O". Calculate the following if the activity is: A hobby: AGI Deductible expenses A business: AGI Deductible expenses