Monica is a financial advisor who practices as a sole proprietor. This year, Monica had net business income of $175,000 from her practice. Monica pays $42,000 wages to her employees, she has $18,000 of property (unadjusted basis of equipment she purchased last year), has no capital gains, her taxable income before the deduction for qualified business income is $224,000, and she is unmarried. Calculate Monica's deduction for qualified business income. $21,000 None of the choices are correct. $0 $10,950 $35,000