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Formula for a Checkbox Total

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asheliz2
4 - Data Explorer
4 - Data Explorer

How would I go about setting up a formula that only activates IF a checkbox is checked?

If I have selected a checkbox, I want the total to be divided in half, otherwise, I want to keep the whole total as/is

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Andrey_Kovalev
8 - Airtable Astronomer
8 - Airtable Astronomer

Andrey_Kovalev_0-1672310260196.png

Where DivideByTwo is a checkbox field, and Total is a number field.