Taxpayer " T ", an individual, operated a bakery out of Ts house, which was determined to be a hobby by the IRS. In 2 " Thad bakery revenue of $5,000 and spent $2,000 on ingredients used to make the bakery goods. Talso properly calet depreciation of equipment used exclusively for the bakery at $3,000. Additionally, since T used 15% of T's house exclu for the bakery, T properly allocated 15% of the following expenses to bakery operations: Assuming T is a single 35 ycar old, who cams a $100,000 salary, and has no other transactions during the year: a. What is T 's AGI ? b. What is T's Tarable Income