Required information The foowing information applies to the questions displayed below Part 1 of 3 Renee operates a proprietorship selling collectibles over the web, and last year she purchased a building for $24 million for her business. This year, Renee's proprietorship reported revenue of $85 milion and incurred total expenses of $781 million. Her expenses included cost of goods sold of $48.5 milion, sales commissions paid of $169 million, $10.5 milion of interest paid on the building mortgage, and $12.7 million of depreciation. a. What is Renee's adjusted taxable income for purposes of calculating the limitation on business interest expense? 0 Answer is complete but not entirely correct. 590 lacBook Air on command