QUESTION 20 Sieve incurred $83,100 of interest expense related to his investments this year. His investment income included $34,500 of interest and a $37,500 net capital gain on the sale of securities Steve has asked you to compute the amount of his deduction for investment interest, assuming no applicable elections were made. What is the amount of Steve's investment interest expense deduction in the current year? O a None of the above b. 583,100 $34,500. d. $19,500 Oe. $72,000