Exercise $15-19($Algorithmic$)($L$0.3,4)$

Thad, a single taxpayer, has taxable income before the QBI deduction of $$189,500.$ Thad, a CPA, operates an accounting practice as a $$151,600,W-2$ wages of $$113,700,$ and $$11,200$ of qualified property.

Assume the QBI amount is net of the self$-$employment tax deduction. If required, round any division to two decimal place and use that rounded amount in any future computations. Round your final answer to the nearest dollar.

What is Thad's qualified business income deduction?