Through November, Cameron has received gross income of $52,500. For December, Cameron is considering whether to accept one more work engagement for the year. Engagement 1 will generate $7,450 of revenue at a cost to Cameron of $3,550, which is deductible for AGl. In contrast, engagement 2 will generate $6,750 of qualified business income (QBI), which is eligible for the 20% 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. Engagement 1 Engagement 2 Description es (1) Gross income before new work engagement (2) Income from engagement (3) Additional for AGI deduction (4) Adjusted gross income Greater of itemized deductions or standard (5 deduction (6) Deduction for QBI Taxable income