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Calculate Robins interest expense deduction assuming the following: Adjusted taxable income $ 35,000,000 Business interest income $ 1,000,000 Business interest expense $ 15,000,000 I need
- Calculate Robins interest expense deduction assuming the following:
Adjusted taxable income $ 35,000,000
Business interest income $ 1,000,000
Business interest expense $ 15,000,000
I need to know what is the interest expense deduction?
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