New Inc. is a newly incorporated business that has sold $$100,000$ worth of common stock and borrowed $$100,000$ from the bank to begin business. Which of the following is true?

a$.$ Interest paid to the bank is not considered a deductible expense.

b$.$ Shareholder interests will be taxed.

c$.$ Any expenses associated with the sale of shares are a deductible expense.

d$.$ Interest paid to the bank is a deductible expense.