Bea Krump $($birthdate $3/27/1988)$ moved from Texas to Florida in January $2023$ after divorcing her spouse in $2022.$ She and her daughter, Dee Krump $($birthdate $5/30/2013,$ Social Security number $121-44-6666)$ live at $654$ Ocean Way, Gulfport, FL $33707.$ Bea provides all of Dee$$s support. Bea can claim a child tax credit for Dee. Bea$$s Social Security number is $466-78-6700,$ and she is single.

Bea owns and operates a shrimping business called Bea Krump$$s Shrimp. She uses a rented boat to shrimp and has a home office located in their home. The principal business code is $114110.$ Bea$$s bookkeeper provided the following income statement from the shrimping business:

Revenues

$$45,500$

Shrimp boat rental

$16,000$

Contract labor

$6,000$

Business taxes

$480$

Bait and tackle

$3,300$

Boat fuel

$2,400$

Shrimping permit

$800$

Miscellaneous supplies

$900$

Insurance

$800$

Bea sells her entire catch at the end of each day and thus has no inventory. She uses the cash method of accounting and has no depreciation. Bea uses her home office exclusively for conducting business. The office is $160$ square feet in her $2,000$ square foot home. Other than the interest and taxes reported below, her only other cost is utilities of $$1,200.$ Assume no depreciation. Bea also paid self$-$employed health insurance premiums of $$3,800$ associated with her high$-$deductible plan