On October 1, 2017, Fine Brands Corporation (A Cash-Basis, Calendar-Year

On October 1, 2017, Fine Brands Corporation (a cash-basis, calendar-year taxpayer) borrowed $200,000 from the bank at 9% annual interest. On December 30, 2017, Fine Brands paid $18,000 to the bank for the first year's interest on the loan. How much can Garcia deduct in 2017 for interest expense?

A) $1,500
B) $1,620
C) $4,500
D) $18,000