The purpose of doing a new baseline is
(A) to complete the change approval process
(B) to assess the net impact of a change on the scope, schedule and/or budget for the project
(C) to calculate Earned Value statistics on the project
(D) To document the most up-to-date plans for scope, schedule and budget on the project with all changes applied.

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?