E. Zero. 15. Joyce's employer loaned her $50,000 this year (interest-free) to buy a new car. If the federal interest rate was 3%, which of the following is correct? A. Joyce recognizes $1.500 of taxable interest income. B. Joyce's employer recognizes $1,500 of deductible interest expense. C. Joyce recognizes $1,500 of imputed compensation income. D. Joyce recognizes $1,500 of imputed dividend income. E. None of these. ans. Because of these difficulties, the bank decided to forgive Deb had total assets of