Alice, who is single, owns 100% of the stock in an S corporation, which manufactures parts for autos and trucks. The following information concerns the S corp for the year 2021:

Ordinary business income (i.e., QBI): $6,000,000

W-2 wages paid: 2,000,000

Total unadjusted basis of fixed assets held by the corporation: 5,000,000

Assuming Alice's taxable income before the QBI deduction is $6,500,000 (this is also her modified taxable income), calculate her qualified business income (QBI) deduction for 2021.

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