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Required information The following information applies to the questions displayed below.) Rita owns a sole proprietorship in which she works as a management consultant She

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Required information The following 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 $5,660. The following home-related expenses have been allocated to her home office under the actual expense method for calculating home office expenses. Real property taxes $ 1.630 Interest on home nortgage 5,145 Operating expenses of home 815 Depreciation 1,610 Also, assume that, not counting the sole proprietorship, Rita's AGI is $60,600. Rita itemizes deductions, 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 $15,150 in gross income. (Leave no answer blank. Enter zero if applicable.) c. Given the original facts, what is Rita's AGI for the year? AGI

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