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Robert is the sole shareholder and CEO of ABC, Inc., an s corporation that is a qualified trade or business. During the current year, ABC

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Robert is the sole shareholder and CEO of ABC, Inc., an s corporation that is a qualified trade or business. During the current year, ABC has net income of $245,000 after deducting Robert's $73,500 salary. In addition to his compensation, ABC pays Robert dividends of $171,500. a. What is Robert's qualified business income? b. What is Robert's qualified business income if you determined that reasonable compensation for someone with Robert's experience and responsibilities is $163,500

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