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9. Phoebe's filing status is single. She owns and operates a hardware store. For the current year, the store has business revenues that total

9. Phoebe's filing status is single. She owns and operates a hardware store. For the current year, the store has business revenues that total $100,000 and business expenses that total $120,000. Phoebe has qualified dividend income of $10,000 and corporate bond interest income of $35,000, but no other items that would affect her adjusted gross income (AGI). Her itemized deductions total $9,000. How much is Phoebe's qualified business income (QBI) deduction?

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