Required information. Problem 9-56 (LO 9-2) (Static) [The following information applies to the questions displayed below] Renee operates a proprietorship selling collectibles over the Web This year, Renee's business reported revenue of $95.5 million and deducted $88.6 million in expenses and loss carryovers. Her business deductions included cost of goods sold of $48.5 million, sales commissions paid of $16.9 million, $10.5 million of interest paid on a mortgage. $10.7 million of depreciation, and $2 million deduction for a net operating loss carryover. Problem 9-56 Part-c (Static) 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? Note: Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 2 decimal places. Deductible Business Interest Expense million