If interest expense exceeds the related interest income in a year, which of the following statements would be true? Multiple Choice 38-56 The excess would be deferred and deductible in the following year to the extent the interest income exceeded the related expense in that year The excess would be treated as a property and only deductible against property income The excess would be treated as a property loss and deductible against on any other source of income The net income would be report as nitond the excess interest expense would not be deductible