Mr. Perry is an unmarried individual with no dependent children. He reports the following information.

Wages .............................................................................. $65,000
Schedule C net profit .....................................................   11,650
Interest from savings account .....................................         500
Self-employment Tax on Schedule C net profit .............. 1,646

a. Assume that Mr. Perry's itemized deductions total $9,000 and his Schedule C net business profit is qualified business income under Section 199A. Compute AGI and taxable income.

b. Assume that Mr. Perry's itemized deductions total $14,000 and his Schedule C net business profit is qualified business income under Section 199A. Compute AGI and taxable income.