This year Randy paid $28,150 of interest. (Randy borrowed $455,000 to buy his residence, which is currently worth $507,500.) Randy also paid $2,550 of interest on his car loan and $4,275 of margin interest to his stockbroker (investment interest expense). How much of this interest expense can Randy deduct as an itemized deduction under the following circumstances?a. Randy received $2,200 of interest this year and no other investment income or expenses. His AGI is $75,000.b. Randy had no investment income this year, and his AGI is $75,000.
Interest Deducttible $

Iam trying to get more members on my blog. how do i do this?

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells. b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities. c. two superpowers decide whether to build new weapons or to disarm. d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society