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Year Credit Card Capital Loan Total
1987 $626 $9,408 $10,034
1988 1,314 1,739 3,053
1989 2,081 845 2,926
1990 2,028 42 2,070
Our review of the record reveals the following:
(a) Petitioner maintained various credit card accounts that
she used for business purposes during the years at issue.
(b) During each of the years at issue, petitioner paid
interest expense attributable to her business use of her credit
card accounts.
(c) Petitioner documented interest expense paid on her
Citibank Visa account for 1988 of $202.07.
(d) Petitioner documented, and respondent concedes the
deductibility of, interest expense paid on petitioner’s Citibank
MasterCard account for 1989 of $390.62 (Ex. 40-R, lines 1841,
1848, 1852).
(e) Petitioner documented the existence of a business loan
with ANB, the purpose of which was to finance leasehold
improvements. The face amount of the loan was $19,342.33, and it
carried an annual interest rate of 10.25 percent.
(f) Petitioner documented that she paid interest on the
business loan in the following amounts: 1988--$1,738.71, 1989--
$844.55, 1990--$42.44.
Although petitioner did not introduce all of her credit card
records for each of the years at issue into evidence, we are
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