Requlred Information [The following information applies to the questions displayed below.] Jacob is a member of WCC (an LLC taxed as a partnership). Jacob was allocated $135,000 of business income from WCC for the year. Jacob's marginal income tax rate is 37 percent. The business allocation is subject to 29 percent of selfemployment tax and 0.9 percent additional Medicare tax. Note: Round your Intermedlate calculations to the nearest whole dollar amount