Doug and Sue Click file a joint tax return and decide to itemize their deductions. The Clicks' income for the year consists of $$89,600$ in salary, $$1,800$ interest

income, and $$760$ long$-$term capital loss. The Clicks' expenses for the year consist of $$1,625$ investment interest expense. Assuming that the Clicks' marginal tax

rate is $35$ percent, what is the amount of their investment interest expense deduction for the year?

Multiple Choice

$$1,040$

$$1,625$

$$1,800$

$$2,385$

None of the choices are correct.