Required information Problem 9-66 (LO 9-5) [The following information applies to the questions displayed below.] On November 1 of year o, Jaxon borrowed $30,000 from Bucksnort Savings and Loan for use in his business. In December, Jaxon paid interest of $2,700 relating to the 12-month period from November of year o through October of year 1. (Do not round intermediate calculations.) Problem 9-66 Part-a a. How much interest, if any, can Jaxon deduct in year O if his business uses the cash method of accounting for tax purposes