David is a college professor who does some consulting work on the side. He uses $25\%$ of his home exclusively for the consulting practice. He is single and $63$ years old. His AGI $($without consideration of consulting income$)$ is $$44,500.$ Other information follows:

Income from consulting business

Consulting expenses other than home office

Total costs relating to home:

Interest and taxes

Utilities

Maintenance and repairs

Depreciation $($business part only$)$

$$4,475$

$1,880$

$6,785$

$1,690$

$545$

$1,975$

Required:

Calculate David's AGI.

Note: Do not round intermediate calculations.

Answer is complete but not entirely correct.