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Jennifer made interestminusfree gift loans to each of her four children as follows: ( 1 ) John borrowed $ 9 , 5 0 0 to

Jennifer made interestminusfree gift loans to each of her four children as follows:
(1) John borrowed $9,500 to purchase an automobile. His net investment income is $1,500.
(2) Rick borrowed $50,000 to purchase a trailer. His net investment income is $900.
(3) Bert borrowed $25,000 to purchase stock. His net investment income is $1,200.
(4) Elizabeth borrowed $110,000 to purchase a home. Her net investment income is $800.
Assuming a5% interest rate, on which loans must interest be imputed?

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