Bill, who files Married Filing Joint, operates a retail store as a sole proprietor. This year, Bill had net business income of $250,000 from his business. Assume that Bill pays $80,000 wages to his employees and he has $1,000,000 of property (unadjusted basis). Bill and his wife's taxable income before the deduction for qualified business income is $650,000. Calculate Bill's QBI Deduction