Sabin is an artist and maintains an office (his studio) in his home. his office occupies 8% of the total floor space of his residence. gross income from his business is $24,000. expenses of the business (other than home office expenses) are $5,000. sabin incurs the following home office expenses:

real property taxes on residence: $2,400

interest expense on residence: $4,000

operating expenses of residence: $2,200

depreciation on residence (based on 8% business use): $450.

a) assuming sabin uses the "regular method" to compute the office in the home deduction, his deduction is ?

b) assuming sabin uses the "simplifed method" to computer the office in the home deduction, his deduction is?