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Alfonse is a cash basis taxpayer. In November 2020, he prepays $12,000 of interest expense for the 6 months 1/1/21 6/30/21. How much is deductible

Alfonse is a cash basis taxpayer. In November 2020, he prepays $12,000 of interest expense for the 6 months 1/1/21 6/30/21. How much is deductible in 2020?

a. None of these

b. $12,000

c. $4000

d. $3000

e. $0

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