loan. On July 1, 2023, Ryan took out a new employee loan to purchase a bond which paid $3,000 interest income in the year. (Note: Ryan follows the cash method when recording interest income.) Ryan was required to make interest payments on the loans at the rate of 2%. The accrued interest on the loan was paid on March 15, 2024. Assume the prescribed rate in 2023 were as follows Q1 -5%, Q2 4%, Q3-7%, Q4 - 6.5%. SeDejuic, insbasqshm What is Ryan's Net Income for tax in 2023? What is his taxable income? Present your answer in section 3 format. VER