Question: In 2 0 2 0 , Gerald loaned Main Street Bakery $ 4 9 , 5 0 0 with whom he had a business relationship.
In Gerald loaned Main Street Bakery $ with whom he had a business relationship. In he learned that he would probably receive only $ of the loan. In Gerald received $ in final settlement of the loan.
Required:
Calculate Gerald's possible deductions with respect to the loan for and
Note: Leave no cells blank. Enter wherever required.
tableDeductions
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