Answer: A - Net Profit $357,280
B - Net Loss = $(8020)
Explanation: Rhea uses a 440 of 2200 square feet living space for her business office.
440/2200*55000 (rent) = $11,000
440/2200*5900 (house keeping =$1,180
440/2200 * 2700(insurance) =$540
Net Profit before deduction $370,000
Net profit after deduction = $370,000-$11,000-$1,180-$540 = $357,280
Net Profit before deduction $4,700
Net loss after deduction = $4,700-$11,000-$1,180-$540=$(8020)