Assume the same facts as in Problem 31, except that Susan’s QBI is $150,000. What is Susan’s QBI deduction? 

Data From Problem 31.

Susan, a single taxpayer, owns and operates a bakery as a sole proprietorship. The business is not a specified services business. In 2019, the business pays $100,000 in W–2 wages, holds $150,000 of qualified property, and reports $350,000 of qualified business income (all of which is qualified business income). Susan has no other items of income or loss and will take the standard deduction. What is Susan’s qualified business income deduction?