In 2016,Mario Earned $9,000 in Net Investment Income and Incurred

question 65

Multiple Choice

In 2016,Mario earned $9,000 in net investment income and incurred $14,000 of investment interest expense.Mario paid off the loan in early 2017,so he only paid $2,000 of investment interest expense in 2017.He earned $10,000 of net investment income in 2017.How much investment interest expense can Mario deduct in 2017?

• A)$2,000
• B)$10,000
• C)$7,000
• D)$0

---

Definitions:

Physiological Changes

Alterations in the body’s normal biological functions, which can occur in response to various stimuli.

Acetylcholine

A neurotransmitter involved in many functions, including muscle movement, heart rate, memory, and learning.

Alzheimer's Disease

A progressive neurodegenerative disease characterized by memory loss, cognitive impairment, and personality changes.

Neurotransmitters

Chemicals found in the nervous system that transmit signals across a synapse from one neuron to another, influencing physical and psychological functions.