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George operates a business that in 2020 generated revenues of $50 million and allocable taxable income of $600,000. Included in the computation of allocable taxable

George operates a business that in 2020 generated revenues of $50 million and allocable taxable income of $600,000. Included in the computation of allocable taxable income were $902,000 of business Interest expense, $22,000 of business Interest Income, and $182,000 of depreciation. Assume CARES Act applies. What is the maximum business Interest deduction that George will be eligible to claim this year? Multiple Choice $853.000 O $195,000 $253.000 O $903.000 $180.000

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