Rachel is an accountant who practices as a sole proprietor. This year, Rachel had net business income of $200,000 (net of the deduction for self-employment taxes, the self-employed health insurance deduction, and the deduction for contributions to qualified self-employment retirement plans) from her practice. Assume that Rachel pays $50,000 wages to her employees, she has $20,000 of property (unadjusted basis of equipment she purchased last year),she has no capital gains, her taxable income before the deduction for qualified business income is $140,000, and she is unmarried. Calculate Rachels deduction for qualified business income.

The correct answer for this question is 28,000. Please explain it. If you have a different answer, I also need explanation.