please answe eact 10, 11 amd 12

10. Wally is a single taxpayer who eams $50,000 of Qualified Business Income (QBI) from his sole proprietorship as well as some non-QBI interest income on corporate bonds. Wally does not itemize, and instead claims the standard deduction. After taking his standard deduction, his taxable income without taking the QBI deduction into account is $45,000. What will his taxable income be after taking any QBI deduction he is entitled to? a. $35,000 b. $36,000 c. $40,000 d. $45,000 11. Darrin is in the hospital for three days for cancer surgery. He has health insurance but it only covers $40,000 out of the $50,000 hospital bill. So he pays $10,000. 5% of the hospital bill is for "meals and lodging." Ignoring the 10%-of-AGI floor, if Darrin itemizes his deductions, how much of his hospital bill will he include in his medical expenses? a. Zero b. $7,500 c. $9,500 d. $10,000 12. Laura takes out a $2,000,000 mortgage loan in 2020 and use it to buy her home. It is the only house she owns, and the loan is secured by the house. The interest she pays on the loan in 2020 is $12,000. How much of that interest is deductible? a. Zero, because the house is her personal residence b. $12.000 because mortgage interest is deductible. G. $4,500 d. $6,000