I have tried so many different answers for these imputed interest amounts and none seem to be correct. Any direction would be great!

Ridge is a generous individual. During the year, she made interest-free loans to various family members when the Federal interest rate was 396, what are the Federal tax consequences in 2018 of the following loans by Ridge. If an amount is zero, enter "O" a. On June 30, Ridge loaned $12,000 to a cousin,Jim, to buy a used truck. Jim's only source of income was his wages on various construction jobs during the year. The imputed interest amount for 2018 is 360 X. However, the imputed interest rules do not apply.This is because the loan was less than$100,000 and Jim does not have any investment income. Feedback