Mason $($single$)$ is a $50$ percent shareholder in Angels Corporation $($an S Corporation$).$ Mason receives a $$182,500$ salary working full time for Angels Corporation. Angels Corporation reported $$410,000$ of taxable business income for the year $(2023).$ Before considering his business income allocation from Angels and the self$-$employment tax deduction $($if any$),$ Mason's adjusted gross income is $$182,500($all salary from Angels Corporation$).$ Mason claims $$55,000$ in itemized deductions. Answer the following questions for Mason.

Note: Leave no answer blank. Enter zero if applicable.

Problem $04-46$ Part c $($Algo$)$

c$.$ Assume the same facts as question $($b$),$ except that Angels Corporation reported $$160,000$ of taxable business income for the year. What is Mason's deduction for qualified business income? Ignore the wage$-$based limitation when computing the deduction.

Deduction for qualified business income