During 2016, Beth loans her brother Karl $15,000, which he intends to use to establish a small business. Because Karl has no other assets and needs cash to establish the business, the agreement provides that Karl will repay the debt if (and when) sufficient funds are generated from the business. Beth and Karl do not establish an interest rate. The business is unsuccessful, and Karl is forced to file for bankruptcy in 2017. By the end of 2017, it is estimated that the creditors will receive only 40% of the amount owed in 2018 the bankruptcy proceedings are closed, and the creditors receive 20% of the amount due on the debt Requirement What is Beth's bad debt deduction for 2017? For 2018? (Enter a "0" if no bad debt deduction can be taken.) Beth's bad debt deduction will bs for 2017 and for 2018 Enter any number in the eait fieios and then continuie to the next question A 10/1/2018 6:33 PM