In 2021, Wilma Way's sole proprietorship, WW Bookstore, generated $135,000 net profit. In addition, Wilma recognized a $6,500 Section 1231 gain on the sale of business furniture. The business checking account earned $450 interest income. Required: a. Which of these income items are subject to self-employment tax? b. Compute Wilma's 2021 self-employment tax, assuming Wilma has no other earned income. C. Compute Wilma's allowable QBI deduction, assuming $55,000 of W-2 wages and $110,000 unadjusted basis of tangible depreciable property. Further assume the overall taxable income limitation on QBI does not apply and Wilma's overall taxable income is sufficiently high that the W-2 wage limitation applies. d. Compute the overall impact of the bookstore activity on Wilma's 2021 taxable income. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Which of these income items are subject to self-employment tax? $135,000 net profit O $6,500 gain $450 interest income Required A Required B Required C Required D Compute Wilma's 2021 self-employment tax, assuming Wilma has no other earned income. (Round your answer to the nearest whole dollar amount.) Self-employment tax $ 19,075 Required A Required B Required C Required D Compute Wilma's allowable QBI deduction, assuming $55,000 of W-2 wages and $110,000 unadjusted basis of tangible depreciable property. Further assume the overall taxable income limitation on QBI does not apply and Wilma's overall taxable income is sufficiently high that the W-2 wage limitation applies. (Round your answer to the nearest whole dollar amount.) Wilma's allowable QBI deduction $ 27,000 X Required A Required B Required C Required D Compute the overall impact of the bookstore activity on Wilma's 2021 taxable income. (Round your intermediate calculations to the nearest whole dollar amount.) Taxable income from bookstore activity $ 105,413