BeckyBecky

and

KenKen

are not related. During

20152015,

BeckyBecky

loans

KenKen

$ 5 comma 000$5,000,

which he intends to use to establish a small business. Under the terms of the loan

KenKen

agrees to repay

BeckyBecky

the

$ 5 comma 000$5,000

plus interest (at a reasonable stated rate) over a five-year period. The business is unsuccessful, and

KenKen

is forced to file for bankruptcy in

20162016.

By the end of

20162016,

it is estimated that the creditors will receive only

20 %20%

of the amount owed. In

20172017

the bankruptcy proceedings are closed, and the creditors receive

10 %10%

of the amount due on the debt.

Requirement

What is

Becky'sBecky's

bad debt deduction for

20162016?

For

20172017?

(Enter a "0" if no bad debt deduction can be taken.)