Chris runs a business out of her home.She uses 500 square feet of her home exclusively for the business.Her home is 2500 square feet in total.Chris had $36,000 of business revenue and $32,000 of business expenses from her home business.The following expenses relate to her home: What is Chris' net income from her business and the amount of expenses carried over to the following year,if any?

A)Option A
B)Option B
C)Option C
D)Option D

Question

Chris runs a business out of her home.She uses 500 square feet of her home exclusively for the business.Her home is 2500 square feet in total.Chris had $36,000 of business revenue and $32,000 of business expenses from her home business.The following expenses relate to her home:

What is Chris' net income from her business and the amount of expenses carried over to the following year,if any?

A)Option A 
B)Option B 
C)Option C 
D)Option D

Quizplus · Accepted Answer

The Answer of Chris runs a business out of her home.She uses 500 square feet of her home exclusively for the business.Her home is 2500 square feet in total.Chris had $36,000 of business revenue and $32,000 of business expenses from her home business.The following expenses relate to her home:  What is Chris' net income from her business and the amount of expenses carried over to the following year,if any?

A)Option A 
B)Option B 
C)Option C 
D)Option D

Chris Runs a Business Out of Her Home