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Doug and Sue Click file a joint tax return and decide to itemize their deductions....

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Accounting

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Doug and Sue Click file a joint tax return and decide to itemize their deductions. The Clicks' income for the year conststs of $90,300 in salary, $2,150 interest Income, and $830 long-term capital loss. The Clicks' expenses for the year consist of \$1.350 investment Interest expense. Assuming that the Clicks' marginal tax rate is 35 percent, what is the amount of their investment interest expense deduction for the year

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