Abbie is considering conducting her business, Wally Inc., as an S corporation. Wally Inc. generated business income of $600,000 before paying salary to Abbie the sole shareholder. Wally Inc will pay an $80,000 salary. Abbie would be eligible for the full qualified business income deduction on Wallys income. Abbies marginal tax rate on ordinary income is 30, her marginal FICA rate on employee compensation is 7.65 percent. What total amount would Abbie and Wally Inc pay in taxes?