Required information [The following information applies to the questions displayed below.] Indicate the amount (if any) that Josh can deduct as an ordinary and necessary business deduction in each of the following situations. Note: Leave no answers blank. Enter zero if applicable. a. Josh paid his brother, a mechanic, $4,300 to install a robotic machine for Josh's business. The amount he paid to his brother is comparable to what he would have paid to an unrelated person to do the same work. Once the installation was completed by his brother, Josh began calibrating the machine for operation. However, by the end of the year, he had not started using the machine in his business. Deductible amount Required information [The following information applies to the questions displayed below] Indicate the amount (if any) that Josh can deduct as an ordinary and necessary business deduction in each of the following situations Note: Leave no answers blank. Enter zero if applicable. b. Josh borrowed $70,000 from First State Bank using his business assets as collateral. He used the money to buy City of Blanksville bonds. Over the course of a year, Josh paid interest of $11,000 on the borrowed funds, but he received $5,700 of interest on the bonds. Deductible amount