Renee operates a proprietorship selling collectibles over the web, and last year she purchased a building for $24 million for her business. this year, renee’s proprietorship reported revenue of $85 million and incurred total expenses of $78.1 million. her expenses included cost of goods sold of $48.5 million, sales commissions paid of $6.4 million, $10.5 million of interest paid on the building mortgage, and $12.7 million of depreciation. c. suppose that renee’s revenue includes $5 million of business interest income. what is the maximum amount of business interest expense that could be deducted this year under the business interest limitation?

don't kill your self you have people who love and care for you and it would hurt them for a long time if you did  

explanation:

p.s. how much is the inhartige

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; offer in store wine and beer samples;