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Please help me with my homework for accounting. Thank you. In 2018 , Wilma Way's sole proprietorship , WW Bookstore , generated $1zo, and net

Please help me with my homework for accounting. Thank you.

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In 2018 , Wilma Way's sole proprietorship , WW Bookstore , generated $1zo, and net profit . In addition , Wilma recognized a $71, odd 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 . a. Which of these income items are subject to self - employment tax ?" b. Compute Wilma's 2018 self-employment tax . c. Compute Wilma's allowable Section 199 A deduction , assuming $ 43, 000 of W - 2 wages and $90, 000 unadjusted basis of tangible* depreciable property . d. Compute Wilma's 2018 taxable income from her bookstore activity . @ Answer is not complete . Complete this question by entering your answers in the tabs below . Required A Required B Required [ Required D Compute Wilma's allowable Section 199 A deduction , assuming $ 43, 000 Of W - 2 wages and $ 90, 000 unadjusted basis Of tangible depreciable property . Wilma's allowable Section 195 A. deduction

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