"Keiji Jones is the owner of a small retail business operated as a sole proprietorship. During 2021, his business recorded the following items of income and expense:

Revenue from inventory sales - $147,000

Cost of goods sold - 33,500

Business license tax - 2,400

Rent on retail space - 42,000

Supplies - 15,000

Wages paid to employees - 22,000

Payroll taxes - 1,700

Utilities - 3,600

A. Compute taxable income attributable to the sole proprietorship by completing Schedule C to be included in Keijis 2021 Form 1040.

B. Compute self-employment tax payable on the earnings of Keijis sole proprietorship by completing a 2021 Schedule SE, Form 1040.

C. Assume that Keijis business is not a service business, and that it has $155,000 unadjusted basis in tangible depreciable property. Calculate Keijis 2021 QBI deduction, before any overall taxable income limitation.