Question: ason Bridges borrows $ 3 2 0 , 0 0 0 and invests the entire amount in the shares of Loser Inc. Six months later,

ason Bridges borrows $320,000 and invests the entire amount in the shares of Loser Inc. Six months later, he sells these shares for $175,000. The proceeds of the sale are used to pay off $175,000 of the loan, leaving an ongoing balance of $145,000. Can he continue to deduct the interest payments on this $145,000 balance?
A.He can continue to deduct the interest
A.He cannot continue to deduct the interest

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