please explain

24. Platinum Enterprises, owned by Jian who also manages the businesses, has generated more than $30 million of sales for each of the past five years. This year it is reporting the following income and deduction amounts: Sales Cost of goods sold Other operating expenses Depreciation Preliminary taxable income $35,000,000 (22,000,000) (8,000,000) (2,000,000) $ 3,000,000 Jian just received a statement from the bank reporting interest expense of $1,800,000 on a loan to 2021 Enterprises to fund operations and equipment purchases. How much of the interest expense can 2021 Enterprises deduct in computing this year's taxable income? A) $540,000 B) $900,000 C) $1,500,000 D) $1,800,000