Priscella pursued a hobby of making bedspreads in her spare time. Her AGI before considering the hobby is $40,000. During


Priscella pursued a hobby of making bedspreads in her spare time. Her AGI before considering the hobby is $40,000. During 2019 she sold the bedspreads for $10,000. She incurred expenses as follows: Supplies, $4,000; Interest expense on loan to get business started, $500; Advertising expense, $6,500. Assuming that the activity is deemed a hobby, how should she report these items on her tax return


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