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Use the information below to answer the following question(s) .
Country Furniture Company manufactures furniture at its Halifax, Nova Scotia, factory. Some of its costs from the past year include:
-Prime costs for Country Furniture Company totaled
Student Loan Interest Deduction
A tax deduction available for the interest paid on student loans used for higher education, which can reduce taxable income.
Child Support Payment
Payments made by a noncustodial parent to assist with the financial support of their children.
Alimony Payment
Payments made to a spouse or ex-spouse under a divorce or separation agreement, potentially deductible for the payer.
Deductible Student Loan Interest
Refers to the interest paid on a qualified student loan which may be deducted from income when calculating federal income tax.
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