Question: help with this problem, thanks! Required information [The following information applies to the questions displayed below.] Rita owns a sole proprietorship in which she works
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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 $5,780. 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 Interest on home mortgage Operating expenses of home Depreciation $ 1,690 5,235 845 1,654 Also, assume that not counting the sole proprietorship. Rita's AGI is $61,800. Assume Rita's consulting business generated $15.450 in gross income (Leave no answer blank. Enter zero if applicable.) Operating expenses of home Depreciation UP 845 1,654 Also, assume that, not counting the sole proprietorship. Rita's AGI is $61,800. Assume Rita's consulting business generated $15.450 in gross income. (Leave no answer blank. Enter zero if applicable.) c. Given the original facts, what is Rita's AGI for the year? AG
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