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Problem 4-33 (LO 4-1) (Algo) Through November, Cameron has recelved gross income of $127,000. For...

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Problem 4-33 (LO 4-1) (Algo) Through November, Cameron has recelved gross income of $127,000. For December, Cameron is considering whether to accept one more work engagement for the year. Engagement 1 will generate $8,820 of revenue at a cost to Cameron of $3.700, which is deductibie for AGi. In contrast, engagement 2 will generate $6,400 of qualified business income (QBI), which is eligible for the 20 percent QBI deduction. Cameron files as a single taxpayer, and he did not contribute to charity during the year. Calculate Cameron's taxable income assuming he chooses engagement 1 and assuming he chooses engagement 2 . Assume he has no itemized deductions

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