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Business, 18.05.2021 19:10 suicune19

George operates a business that generated revenues of $61 million and allocable taxable income of $1.36 million. Included in the computation of allocable taxable income were deductible expenses of $245,500 of business interest and $255,500 of depreciation. What is the maximum business interest deduction that George will be eligible to claim this year

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