Through November, Cameron has received gross income of $$129,500.$ ?For December, Cameron is considering whether to accept one more work engagement for the year. Engagement $1$ ?will generate $$9,470$ ?of revenue at a cost to Cameron of $$3,950,$ ?which is deductible for AGI. In contrast, engagement $2$ ?will generate $$6,900$ ?of qualified business income $($QBI$),$ ?which is eligible for the $20$ ?percent QBI deduction. Cameron files as a single taxpayer.

Calculate Cameron's taxable income assuming he chooses engagement $1$ ?and assuming he chooses engagement $2.$ ?Assume he has no itemized deductions.

$\backslash$table$[[$Description$,$Engagement $1,$Engagement $2],[(1)$ ?Gross income before new work engagement,,$],[(2)$ ?Income from engagement,,$],[(3)$ ?Additional for AGI deduction,,$],[(4)$ ?Adjusted gross income,,$],[(6)$ ?Deduction for QBI,,$],[$Taxable income,,$]]$