George recently received a great stock tip from his friend, Mason. George didn't have any cash on pand to invest, so he decided to take out a $$24,000$ loan to facilitate the stock acquisition. The loan terms are $8$ percent hiterest with interest$-$ont recreation vehicle. George is unsure how he will treat the interest paid on the $$24,000$ loan. In $2024.$ George paid $$1,440?$ interest expense on the loan.