Hello! Please help me with required A - C. If you could complete the same form with the answers, that would be very helpful, as I am struggling with those. Please note that all information for this problem is provided in the screenshots below. Thank you!

Keiji Jones is the owner of a small retail business operated as a sole proprietorship. During 2023. his business recorded the following items of income and expense: Revenue from inventory sales $ 147, 890 Cost of goods sold 33, 580 Business license tax 2,480 Rent on retail space 42, 890 Supplies Wages paid to employees 22, 890 Payroll taxes 1, 780 Utilities 3,690Compute taxable income attributable to the sole proprietorship by completing Schedule C to be included in Keiji's 2023 Form 1040. Note: Round your intermediate computations and final answers to the nearest whole dollar value. Input all the values as positive numbers. SCHEDULE C Profit or Loss From Business OMB No. 1545-0074 (Form 1040) (Sole Proprietorship) Department of the Treasury Go to www.irs.gow/ScheduleC for Instructions and the latest Information. 2023 Intomal Revanu Attach to Form 1040, 1040-ER, 1040-NR, or 1041; partnerchips generally must file Form 1085. CA No. DB Name of proprietor Boolal security number (Enter #6 XXX-MX-XXXX Keji Jones XXX-XX-XXXX A Principal business or profession ding product or service (see instructions) B Enter oude from Instructions C Business name. If no sop name, leave blank. D Employer ID number (EIN) (see instr.)) E Business address (including suite or room no.) City, town or post office, state, and ZIP code F Accounting method: (1) Cash (2) Accrual (#) Other (specify) @ Did you "materially participate" in the operation of this business during 20237 # "No." see instructions for limit on losses H If you started or acqui ring 2023, chack hare 0 I Did you make any pay uld require you to file Form(s] 10997 See instructions J If' Yes," did you or will you file mquired Form(s) 10997 Part Income 1 Gross receipts or sales. Son instructions for line 1 and check the box If this income was reported to you on Form W-2 and the "Statutory a so" box on that form was checked 2 Returns ances $ Subtract limo 2 from line 1 4 Cost of goods sold (from ling 42] 6 Gross profit. Subtract line 4 from ling 3 6 Other income, including federal and state gasoline or fuel tax credit or refund (son instructions) 7 Gross Income. Add lines 5 and 6 Part II Expenses. Enter expenses for business use of your home only on line 30 & Advertising 13 Office expanse (see instructions) B Car and truck expenses (soo 18 Pension and profit-sharing plans instructions) 20 Rent or Inasa [soo instructions) 10 Commissions and foos a Vehicles, machinery, and equipment 11 Contract labor (son instructions) b Other business property 12 Daplation 21 Repairs and maintenance & Depreciation and section 179 22 Supplies (not included in Part III) expanse deduction (not included 23 Taxes and licenses in Part Ill) (son instructions) 24 Travel and meals: 14 Employee benefit programs a Travel (other than on line 19) b Deductible meals 16 Insurance (other than health) 16 (see instructions] 18 Interest (son instructions) a Mortgage [paid to banks, abc.) 28 Wages [less employment credits) b Other 278 Other expenses (from lina 48) 17 Legal and professional services b Reserved for future uce 28 Total expenses before expanse hess use of home. Add lines 8 through 27a 28 Tentative profit or (Joss]. Subtr 28 from line 7. 30 Expense me. Do not report these expense elsewhere. Attach Form 8829 unless u Simplified method filers only: enter the total square footage of (a) your home: and [b] the part of your home used for business: Use the Simplified Method Worksho ions to figure the amount to enter on line 30 $1 Net profit or (lose). Subtract Ina 30 from line 29. . If a profit, anter on both Sohe dule 1 (Form 1040). One 3, and on Sohedule BE, line 2. [If you checked the box on line 1, see instructions). Estates and trusts, antar on Form 1041, IIne S. . If a loss, you must go to line 32. $2 If you have has your investment in this activity. Son instructions. oth Schedule 1 (Form 1040), line 3, and on Schedule BE, Ine 2. (If you checked the box on line 1, see the line uctions) Estates nter on Form 1041, line S. :20 Some in imant is not at risk. had 32b, u must a For Paperwork Reduction Aot Notion, see the separate Instructions. lohedule C (Form 1040) 2023Schedule C Schedule SE Part c Part a Part b Compute self-employment tax payable on the earnings of Keiji's sole proprietorship by completing a 2023 Schedule SE, Form 1040. Note: Round your intermediate computations and final answers to the nearest whole dollar value. Input all the values as positive numbers. SCHEDULE SE OMB No. 1545-0074 (Form 1040) Self-Employment Tax Department of the Treasury Go to www.irs.gowScheduleSE for Instructions and the latest Information. 2023 Internal Revenue Service Attach to Form 1040. 1040-SR, or 1040-NR. Attachment Sequence No. 17 Name of person with self-employment income (as shown on Form 1040. 1040-SR. or 1040-NR) Social security number of person with self-employment income Keiji Jones XXX-XX-XXXX Part I Self-Employment Tax Note: If your only income subject to self-employment tax is church employee Income, see instructions for how to report your income and the definition of church employee income. A If you are a minister er and you filed Form 4361, but you had $400 or more of other net earnings from self-emp t, check her ntinue with Part I Skip lines fa and 1b if you use the farm optional method in Part II. See instructions. 18 Net farm profit or (loss) from Schedule F, line 34, and farm partnerships, Schedule K-1 (Form 1065), box 14, code A 1a b If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments included on Schedule F, line 4b, or listed on Schedule K-1 (Form 1065). box 20, code AH 1b Skip line 2 if you use the nonfarm optional method in Part II. See instructions. 2 Net profit or (loss) from Schedule C, line 31; and Schedule K-1 (Form 1065), box 14, code A (other than farming). See instructions for other income to report or if you are a m ember of a religious order 3 Combine lines fa, 1b, and 2 3 la If line 3 is more than zero. multiply line 3 by 92.35% (0.9235). Otherwise, enter amount from line 3 Aa Note: If line 4a is less than $400 due to Conservation Reserve Program payments on line 1b, see instructions. If you elect one or both of the optional methods, enter the total of lines 15 and 17 here 4b Combine lines 4a and 4b. If less than $400, stop; you don't owe self-employment tax. Exception: If less than $400 and you had church employee Income, enter -0- and continue 4c 58 Enter your church employee Income from Form W-2. See instructions for definition of church employes income 5a b Multiply line 5a by 92.35% (0.9235). If less than $100, enter -0- 5b 6 Add lines 4c and 5b 6 7 Maximum amount of combined wages and self-employment earnings subject to social security tax or the 6.2% portion of the 7.65% 160,200 railroad retirement (tier 1) tax for 2023 38 Total social security wages and tips (total of boxes 3 and 7 on Form(s) W-2) and railroad retirement (tier 1) compensation. If $160,200 or more, skip lings ab through 10, and go to line 11 b Unreported tips subject to social security tax from Form 4137, line 10 8b c Wages subject to social security tax from Form 8919, line 10 8.c d Add lines Ba, Ob, and ac 8d 3 Subtract line 8d from line 7. If zero or less, enter -0- here and on line 10 and go to line 11 9 10 Multiply the amaller of line 6 or line 9 by 12.4% (0.124 10 11 Multiply line & by 2.9% (0.029) 11 12 self-employment tax. Add lines 10 and 11. Enter here and on Schedule 2 (Form 1040), line 4 12 15 Deduction for one-half of self-employment tax. Multiply lime 12 by 50% (0.50). Enter here and on Schedule 1 (Form 1040). line 15 13 For Paperwork Reduction Act Notice. (Form 1040) 2023Complete this question by entering your answers in the tabs below. Schedule C || Schedule SE Part = Part b Part Assume that Keiji's business is not a service business, and that it has 155,000 unadjusted basis in tangible depreciable property. Calculate Keiji's 2022 QBI deduction, before any overall taxable income limitation. Mote: Round your intermediate computations and final answers to the nearest whole dollar value.