Melanie is employed full-time as an accountant for a national hardware chain. she recently started a private consulting practice, which provides tax advice and financial planning to the general public. for this purpose, she maintains an office in her home. expenses relating to her home for 2014 are as follows:

real property taxes$3,600
interest on home mortgage$3,800
operating expenses of home $900

melanie's residence cost $350,000 (excluding land) and has living space of 2,000 square feet, of which 20% (400 square feet) is devoted to business. the office was placed in service in february 2013, and under the regular method, melanie had an unused office in the home deduction of $800 for 2013. presuming sufficient net income from her consulting practice, what is melanie's office in the home deduction under the:

a. regular method
b. simplified method

Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000