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In 2016, Wilma Way's sole proprietorship. WW Bookstore, generated $120,000 net profit in addition, Wilma recognized a $17,000 gain on the sale of business furniture

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In 2016, Wilma Way's sole proprietorship. WW Bookstore, generated $120,000 net profit in addition, Wilma recognized a $17,000 gain on the sale of business furniture and shelving, all of which was recaptured as ordinary income The business checking account earned $960 interest income Which of these income items are subject to self-employment tax? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) $120,000 net profit $17,000 gain $960 interest income Compute Wilma's 2016 self-employment tax (Round your answer to the nearest whole dollar amount.) Compute Wilma's 2016 taxable income from her bookstore activity. (Round your intermediate calculations to the nearest whole dollar amount.)

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