Rachel (single) is an accountant who practices as a sole proprietor. In 2023, Rachel had net business income of $270,000 (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), has no capital gains, and her taxable income before the deduction for qualified business income is $240,000. Calculate Rachel's deduction for qualified business income.

A. $0.

B. $25,000.

C. $10,000.

D. $54,000.

E. $13,000.

4. Rachel (single) is a lawyer who practices as a sole proprietor. In 2023, Rachel had net business income of $400,000 (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 business. Assume that Rachel pays $150,000 wages to her employees, she has $20,000 of property (unadjusted basis of equipment she purchased last year), has no capital gains, and her taxable income before the deduction for qualified business income is $380,000. Calculate Rachel's deduction for qualified business income.

A. $0.

B. $80,000.

C. $75,000.

D. $40,000.

E. $76,000.