Question: Hello, please show work step by step for this problem. The answer is not zero for sure. Thank you Chris recently took out a loan

Hello, please show work step by step for this problem. The answer is not zero for sure. Thank you

Hello, please show work step by step for this problem. The answer

Chris recently took out a loan for $21,600 and used the proceeds to invest 60% in stock that pays dividend income and 40% in municipal bonds which pay interest income. The interest expense generated from the loan is $910. How much may Chris deduct for the interest expense paid? Deduction

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