(L05) Grant, a single taxpayer, has qualified business income and the following qualified business deductions after considering...

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(L05) Grant, a single taxpayer, has qualified business income and the following qualified business deductions after considering the wage limitation and the specified services limitation, generated from these activities:

Sunshine LLC\(\( \$ \) 25,000)
Monsoon S Corporation18,000
Landslide LLP15,000

Grant's modified taxable income is \(\( \$ \) 275,000\), which includes net capital gains of \(\( \$ \) 5,000\) and qualified dividend income of \(\( \$ \) 2,500\). What is his allowable QBI deduction?

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