Margaret operates a manufacturing business as a pass through business. For 2018, she has W-2 wages equal to $80,000 and pass through income of $400,000. Margaret is not married and her taxable income is $500,000. Margaret is entitled to a pass through income deduction equal to:

a. $80,000

b. $100,000

c. $16,000

d. $40,000

e. $400,000