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X Inc. loaned money to Y Inc. to help finance inventory Y had bought from X. X declared bankruptcy in 2019. X may claim on
X Inc. loaned money to Y Inc. to help finance inventory Y had bought from X. X declared bankruptcy in 2019. X may claim on its 2019 tax return:
a. Zero business interest deduction
b. A dividend received deduction
c. Worthless securities
d. A business bad debt
e. A short-term capital loss
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