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Tobias has a brokerage account and buys on the margin, which resulted in an interest expense of $23,200 during the year. Income generated through the
Tobias has a brokerage account and buys on the margin, which resulted in an interest expense of $23,200 during the year. Income generated through the brokerage account was as follows: If required, round any division to two decimal places and use in subsequent computations. Round your final answer to the nearest dollar. How much investment interest can Tobias deduct? $
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