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Charley Incorporated is a large corporation that reported revenue... Charley Incorporated is a large corporation that reported revenue of $80 million and income of $620,000 this year. Included in the calculation of income was $10,000 of interest income, depreciation deductions of $170,000, and interest expense deductions of $420,000. What is the maximum amount of interest expense deduction this year? Multiple Choice $1,200,000 $319,000 $10,000 $370,000 $360,000

MC Ou. 16 Chariey Incorporated is a large corporation that reported revenve.. 11300000 sinm0 inioso axobes sin60