Peter Smith International (PSI) has average annual gross receipts of $52 million annually. This year, PSI earned $3 million of business interest income, incurred $8 million of business interest expense and has adjusted taxable income of $13 million. Compute PSI's current deduction for business interest and the amount of any business interest carryforward. (Enter your answers in dollars not in millions of dollars.)

i need:

business interest deduction

business interest carryforward