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This year AmStore Inc reported $ 2 million of taxable income on $ 2 5 million of revenue. The revenue included $ 2 0 0

This year AmStore Inc reported $2 million of taxable income on $25 million of revenue. The revenue included $200,000 of interest income.In calculating the taxable income, AmStore deducted:$300,000 of depreciation$100,000 of interest expense$10,000 of net operating loss carryoversWhat is AmStore's maximum business interest expense deduction this year?A)800,000B)863,000C)1,050,000D)1,000,000E)1,020,000

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