On December 1, 2017, Krest, a self-employed cash-basis taxpayer, borrowed $200,000 to use in her business. The loan was to be repaid on November 30, 2018. Krest paid the entire interest amount of $24,000 on December 1, 2017. What amount of interest was deductible on Krest's 2017 income tax return?

If you face hostile or difficult questions during a question-and-answer session,

A) respectfully ask their opinion on the matter. B) enlist the help of the audience to silence the questioner. C) respond honestly while keeping control of your emotions. D) stand your ground and respond to the questions aggressively. E) ignore anyone who asks such questions and change the subject.

Which of the following do not have a principal-agent conflict?

A) Shareholders and the Board of Directors B) The Board of Directors and the CEO C) Shareholders and bondholders