Problem 15-49 (LO 15-3) (Algo) The following information applies to the questions cisplayed below] Jacob is a member of WCC lan" LLC taxed as a partnership). Jacob was allocated $170,000 of business income from WCC for the year, Jacob's marginal income tax rate is 37 percent The business allocation is subject to 2.9 percent of selfemployment tax (Jacob has salary in excess of the wade base limitation) and 0.9 percent additional Medicare tax. Note: Round your intermedlate calculotions to the nearest whole dollar amount. roblem 15-49 Part b (Algo) What is the amount of tax Jacob will owe on the income allocation if the income is qualifed business income (OBi) arid Jacob ualifies for the full QBI deduction