Chuck, a dentist, raises prize rabbits for breeding and showing purposes. Assume that the activity is determined to be a hobby. During 2019, the activity generates the following items of income and expense:

Item	Amount
Sale of rabbits for breeding stock	$800
Prizes and awards	(300)
Property taxes on rabbit hutches	(200)
Feed	(600)
Veterinary fees	(500)
Depreciation on rabbic hutches	(250)

a. What is the coral amount of income and deductions Chuck should report for 2019 with respect to the rabbit raising activities?

b. Identify which expenses may be deducted and indicate whether they are deductions for or from AGI.

c. By what amount is the cost basis of the rabbit hutches to be reduced for the year?