Woody owns a sole proprietorship called Toy Store, which sells a large variety of children toys. In the current year, Toy Store has the following activity:

Net Schedule C income*$120,000W-2 Wages paid$ 44,000Unadjusted basis of tangible property $400,000

 

*This represents Toy Store's business income, net of all deductible business expenses.

Assume Woody's taxable income for the current year is $217,500.

Ignoring the self-employment tax deduction, how much Sec. 199A deduction is available to Woody on his current tax return?