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A 4-year business loan was taken out commencing on 1 July 2017 the loan establishment fee was $1,600 the deduction of the borrowing expenses in

A 4-year business loan was taken out commencing on 1 July 2017 the loan establishment fee was $1,600 the deduction of the borrowing expenses in the 2018 financial year should be select one 


a $1,600


b $400 


c nil

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