Jane's (single) 2018 taxable income calculation prior to the deduction for qualified business income (QBI) is below. Jane had qualified business income of $200,000 from her architectural firm. Jane pays employee wages of $70,000 and the unadjusted basis of her qualified property is $40,000. What is Jane's deduction for qualified business income?

Adjusted Gross Income $235,000

Itemized Deductions 17,200

Taxable Income $217,800