Please give EXCEL EQUATION!

- It is expected that her business meets the definition of a trade or business for Qualified Business Income deduction purposes - The business generates $140,000 of net income before contemplating any taxes - Elaine is assuming a reasonable compensation amount of $50,000 - As a C Corporation, the business will dividend out all earnings after taxes are paid to Elaine - It is expected that her business meets the definition of a trade or business for Qualified Business Income deduction purposes - The business generates $140,000 of net income before contemplating any taxes - Elaine is assuming a reasonable compensation amount of $50,000 - As a C Corporation, the business will dividend out all earnings after taxes are paid to Elaine